Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Carlyle Group acquires Worldpac, Advance Auto Parts' unit, for $1.5bn in cash.

flag Carlyle Group acquires Advance Auto Parts' Worldpac unit for $1.5bn in cash, marking the private equity firm's first major industrial investment in over two years. flag Worldpac, a wholesale distributor of auto parts, generated approximately $2.1bn in revenue for the 12 months ending June 30. flag The acquisition is expected to close before year-end and boost Advance Auto Parts' shares by about 11% in premarket trading.

18 Articles