Advance Auto Parts Cuts Forecasts After Worldpac Sale to Carlyle for $1.5B
22/8 18:37
Advance Auto Parts (AAP) has agreed to sell its Worldpac subsidiary to Carlyle Group (CG) for $1.5 billion in cash, marking a significant step in its strategic efforts to streamline operations. The transaction, expected to close by the end of the year, will generate approximately...