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GEP General Elec Cap Corp Step-UP Pub Income NT -Pines

25.51
0.00 (0.00%)
After Hours
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
General Elec Cap Corp Step-UP Pub Income NT -Pines NYSE:GEP NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 25.51 0.00 01:00:00

General Parts May Sell Carquest for $2 Billion -Reuters

23/07/2012 9:13pm

Dow Jones News


GE Cap Pines (NYSE:GEP)
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General Parts International Inc. is exploring a sale of its Carquest retail store chain in a deal that could be worth $2 billion, Reuters reported Monday, citing three people familiar with the matter.

Private-equity firms, including Leonard Green & Partners LP and KKR & Co. (KKR), have shown interest in Carquest and management is holding presentations for potential buyers, the sources told Reuters.

General Parts has hired Wells Fargo (WFC) to manage the sale, the report said.

Carquest, Leonard Green, KKR and Wells Fargo declined to comment, Reuters said.

Full story at http://www.reuters.com/article/2012/07/23/us-carquest-sale-idUSBRE86M13Z20120723

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