Advance Auto Parts Enters Definitive Deal To Sell Worldpac To Funds Managed By Carlyle For $1.5B In Cash
Author: Benzinga Newsdesk | August 22, 2024 06:16am
Over the last twelve months, at the end of the second quarter of 2024, the Worldpac business generated approximately $2.1 billion in revenue and approximately $100 million in EBITDA.
Advance expects net proceeds of approximately $1.2 billion after taxes and transaction fees.