Genuine Parts plans to split its automotive and industrial units into two public companies to sharpen growth focus.

High interest rates and elevated household expenses have prompted many U.S. consumers to postpone non-essential vehicle maintenance in the past. Genuine Parts' adjusted profit for the fourth-quarter ...

Citing a shift in the marketplace, heavy equipment manufacturer CNH Industrial announced on Sept. 3 that it is planning to spin-off of its on-road commercial truck business unit from its agricultural ...

The company is preparing to separate its auto- parts and industrial-parts businesses.

Genuine Parts (GPC) is reportedly considering splitting its automotive and industrial parts businesses into two separate public companies. According to a report by The Wall Street Journal citing ...

By Apratim Sarkar and Sabrina Valle Feb 17 (Reuters) - Genuine Parts said on Tuesday it will split into two companies on the view that its auto and industrial units can be worth more apart, but the ...

NEW YORK--(BUSINESS WIRE)-- Steel Partners Holdings L.P. (NYSE: SPLP), a Delaware limited partnership (the “Company” or “Steel Partners”), announced today that it will effect a 1-for-12,500 reverse ...