Automotive and industrial parts distributor Genuine Parts will separate into two independent companies, it said on Tuesday, months after a deal with activist investor Elliott Investment Management.

Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Genuine Parts Company (NYSE:GPC) plans to separate into two independent, publicly ...

Genuine Parts Company plans a tax-free separation of its automotive and industrial operations into two publicly listed companies by early 2027. The US-based automotive parts distributor said the ...

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ATLANTA - Genuine Parts Company (NYSE:GPC) announced Tuesday plans to separate into two independent, publicly traded companies by the first quarter of 2027, splitting its automotive and industrial ...

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Genuine Parts, the big owner of NAPA auto-care centers, said Tuesday it plans to separate its auto and industrial parts units to create two separate public companies. The split is the culmination of a ...