Search results
Results From The WOW.Com Content Network
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, sending its ...
In November 2023, Advance Auto Parts announced it is exploring the sale of Worldpac and its Canadian business. In March 2024, Advance Auto Parts announced it appointed three new directors to its board and reached cooperation agreements with activist investors Third Point and Saddle Point Management. [ 27 ]
Advance Auto Closures Announced. The nearly century-old auto parts retail giant announced on Thursday that it plans to close over 700 of its nearly 5,000 stores by mid-2025. This includes 523 ...
Carquest acquired Worldpac in 2004, but kept its operations separate. [7] General Parts received $258 million in 2011 for selling 33 of the company’s distribution centers and office buildings in a long-term sale-leaseback deal. [5] In June 2012, Carquest Auto Parts relaunched its Carquest.com website, offering buy online, pick up in store ...
This page was last edited on 7 January 2022, at 17:43 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may ...
Weber fuel system components are distributed by Magneti Marelli, Webcon UK Ltd., and, in North America, by several organizations, including Worldpac, marketing under the Redline name. Other suppliers include Overseas Distributing, Pierce Manifolds & Lynx Weber in Australia. [citation needed]
The US Supreme Court upheld a law to force TikTok’s sale from a Chinese state-owned firm, even as President Biden and President-elect Donald Trump have sought to block the divestment.
ValueAct Capital is a very active investor that identifies companies that appear to be out of favor or may be undergoing a significant transition.