Advance Auto Parts Sells Wholesale Arm for $1.5 Billion

Advance Auto Parts Announces Sale of Worldpac to Carlyle for $1.5 ...

it has entered into a definitive agreement to sell Worldpac, Inc., an automotive parts wholesale ... $1.5 billion in cash. The transaction ...

Advance Auto Parts has sold Worldpac, its wholesale operation, to funds managed by the Carlyle Group for $1.5 billion.

Advance Auto Parts sells Worldpac unit to Carlyle Group for $1.5 bln ...

... Advance to offload Worldpac, a wholesale parts distribution business with a $2.1 billion revenue for the year ended June 30. Advance had ...

Advance Auto Parts Announces Closing of Sale of Worldpac to Carlyle

Transaction strengthens balance sheet and liquidity with $1.5 billion of cash proceeds. Advance to provide an update on strategic priorities ...

Advance Auto Parts to close over 700 stores after poor financial results

"Third quarter 2024 net sales ... 1, Advance Auto Parts closed a $1.5 billion sale of Worldpac, its automotive wholesale distribution business.

Advance Auto Parts plans to close over 700 stores as sales sag

Earlier this month, Advance Auto Parts announced it had sold Worldpac, Inc. for $1.5 billion. The company is a wholesale distributor of auto ...

Breaking News: Worldpac Sold to Carlyle for $1.5 Billion

Advance Auto Parts, Inc. has agreed to sell Worldpac, Inc., its automotive parts wholesale distribution business, to global investment firm Carlyle for $1.5 ...

Advance Auto Parts Archives - PYMNTS.com

Advance Auto Parts has sold its wholesale operation Worldpac for $1.5 billion. The sale, to funds managed by the Carlyle Group, is expected to be finalized.

Advance Auto Parts sells Worldpac unit to Carlyle Group for $1.5 ...

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 ...

Advance Sells WorldPac for 1.5 Billion, and What This Means For ...

In this episode, Advance Auto Parts formally sells WorldPac to Carlyle for 1.5B. What does that mean for newly minted CEO, Shane O'Kelly.

Advance Auto Parts to close over 700 stores after poor financial results

"Third quarter 2024 net sales ... On Nov. 1, Advance Auto Parts closed a $1.5 billion sale of Worldpac, its automotive wholesale distribution ...

Why Advance Auto Parts Stock Plunged to Its Lowest Level of 2024

Selling Worldpac. Advance Auto also announced the sale of Worldpac, its wholesale distribution unit, for $1.5 billion. The unit was bought by ...

Advance Auto Parts Sells Wholesale Arm for $1.5 Billion - NewsBreak

Advance Auto Parts has sold its wholesale operation Worldpac for $1.5 billion. The sale, to funds managed by the Carlyle Group, is expected to be finalized.

Advance Auto Parts Sells Wholesale Arm for $1.5 Billion - Reddit

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Advance Auto Parts sells Worldpac for $1.5 billion

Advance Auto Parts, Inc. announced the sale of its subsidiary Worldpac, Inc., a wholesale distributor of automotive parts, to Carlyle, ...

Advance Auto Parts (AAP) Stock Latest News - AAP News Today

Advance Auto Parts Sells Wholesale Arm for $1.5 Billion. 8/22/2024 - PYMNTS Positive. Advance Auto Parts has sold its wholesale operation Worldpac for $1.5 ...

Advance Auto Parts Announces Sale of Worldpac to Carlyle for $1.5 ...

... sell Worldpac, Inc., an automotive parts wholesale distribution business, to funds managed by global investment firm Carlyle for $1.5 billion in ...

AAP - ADVANCE AUTO PARTS INC Latest Stock News & Market ...

The company completed the sale of Worldpac for approximately $1.5 billion and introduced new fiscal 2027 financial objectives targeting approximately 7% ...

AAP Stock Recent News - ADVANCE AUTO PARTS INC Latest News

Advance Auto Parts Sells Wholesale Arm for $1.5 Billion. Advance Auto Parts has sold its wholesale operation Worldpac for $1.5 billion. The sale, to funds ...

Advance Auto Parts Sale of Worldpac Is Part of a Long Decline

... wholesale distribution business, to global investment firm Carlyle for $1.5 billion in cash. ... If they're selling off divisions to create ...