(Reuters) - Advance Auto Parts said on Thursday it would sell its Worldpac unit for $1.5 billion as part of its latest attempt at streamlining operations, but cut its annual results forecast ...

(Bloomberg) -- Carlyle Group Inc. is acquiring Advance Auto Parts Inc.’s Worldpac unit for $1.5 billion, striking the first major industrial investment for the firm in more than two years.

Oak Hill Advisors has provided a $775 million private credit loan to help Carlyle Group Inc. finance its acquisition of auto ...

Despite the positive news of the Worldpac sale, Advance Auto Parts is likely to continue trading at a discount to its peers.

Aug 22 (Reuters) - Advance Auto Parts (AAP.N), opens new tab said on Thursday it would sell its Worldpac unit for $1.5 billion as part of its latest attempt at streamlining operations, but cut its ...

Carlyle Group Inc. is acquiring Advance Auto Parts Inc.’s Worldpac unit for $1.5 billion, striking the first major industrial investment for the firm in more than two years. Worldpac ...