The company has faced pressure from shareholder activists to divest the Worldpac unit to better compete with AutoZone and ...

Advance Auto Parts announced on Thursday the sale of its Worldpac unit to private equity firm Carlyle Group for $1.5 billion ...

A divestiture-driven rally in Advance Auto Parts shares reversed after the company slashed guidance and posted a steeper-than-expected fall in earnings. The aftermarket car-parts retailer's shares ...

Advance Auto lowered its earnings outlook for the year to a range of $2 to $2.50 a share from a previous view for $3.75 to $4.25 a share. Sales are now expected to be $11.15 billion to $11.25 billion, ...

D.C. private equity firm The Carlyle Group Inc. has reached a deal to purchase the wholesale distribution business of Advance ...

Advance Auto Parts AAP1.83%increase; green up pointing triangle has agreed to sell its Worldpac subsidiary to Carlyle CG-0.72%decrease; red down pointing triangle Group for $1.5 billion in cash. The ...

Carlyle Group Inc. is acquiring Advance Auto Parts Inc.’s Worldpac unit for $1.5 billion, striking the first major industrial ...

Carlyle Group Inc. is acquiring Worldpac, a unit of Advance Auto Parts (NYSE: AAP) for $1.5 billion, the companies announced Thursday. AAP shares jumped 5% in premarket trading.

(Reuters) -Advance Auto Parts said on Thursday private equity firm Carlyle Group would buy its Worldpac unit for $1.5 billion ...

Centerview Partners is serving as financial advisor and Hogan Lovells US, LLP, is serving as legal advisor to Advance on the transaction. BofA Securities is acting as lead financial advisor to Carlyle ...

O’Reilly Auto (ORLY – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst yesterday.