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 ...

Genuine Parts Co. will split into two publicly traded companies following a review of options for its automotive and industrial business lines. The tax-free transaction, which does not require ...

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.

The split is the culmination of a review the Atlanta-based company has been undergoing with financial advisers. The Wall Street Journal reported earlier Tuesday that the deal announcement was imminent ...

Genuine Parts Company (NYSE:GPC) reported fourth-quarter 2025 sales of $6 billion, up 4.1% from the prior year, driven by modest comparable sales growth, contributions from acquisitions, and favorable ...

Kraft Heinz said Wednesday it's pausing its plans to split into two companies. Steve Cahillane, a former Kellogg Co. chief who became CEO of Kraft Heinz on Jan. 1, said he wants to ensure that all of ...