Advance Auto Parts recently completed the sale of its Worldpac wholesale distribution business to Carlyle for US$1.5 billion in cash, aimed at simplifying its business and prioritizing core domestic ...

Advance Auto Parts, Inc. engages in the provision of automotive aftermarket parts in the United States and internationally. The company offers batteries and battery accessories; belts and hoses; ...

Advance Auto Parts sold its Worldpac subsidiary to the Carlyle Group and is to shutter stores. (Photo by Tierney L. Cross/Getty Images) Automotive parts retailer Advance Auto Parts is hoping that less ...

Carlyle Group Inc. is acquiring Advance Auto Parts Inc.’s Worldpac unit for $1.5 billion, striking the first major industrial investment for the firm in more than two years. Worldpac, a wholesale ...

Two separate news items weighed on the stock today.