Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both ...

Sweden-based machinery components distributor OEM International AB confirmed on Nov. 5 that it has received a public takeover ...

For its part, Advance has problems that can't be sugarcoated. But it's working to fix them. And it's about to get a $1.2 ...

Advance Auto Parts has agreed to sell its Worldpac subsidiary to Carlyle Group for $1.5 billion in cash. The aftermarket ...

Specifically, AAP revealed that it would be selling Worldpac to the global investment firm Carlyle (CG) for $1.5 billion in cash. The transaction is expected to close by the end of the year.

Another crucial aspect of Stember’s analysis is the recent strategic decisions made by Advance Auto Parts, such as the sale of its non-core Worldpac business. This move is expected to shift the ...

Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both ...

It operates through the following segments: Advance Auto Parts/Carquest U.S., Carquest Canada, Worldpac, and Independents. The company was founded by Arthur Taubman in 1929 and is headquartered in ...

Legion pushed for Advance Auto Parts to sell WorldPac, its wholesale distributor of original equipment automotive parts, which could generate as much as $3 billion in proceeds. In addition ...

An important recent development was the announced sale of its WorldPac automotive parts wholesale distribution business for $1.5 billion. The transaction expected to close by the end of the year ...

Advance Auto Parts, Inc. announced the close of the sale of Worldpac, Inc. to global investment firm Carlyle on November 4.

On top of its namesake retail chain, Advance also owns other businesses, namely Carquest and Worldpac. Last year, the company hired CEO Shane O'Kelly, who's trying to restructure the business.