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Department Stores M&A image Department Stores M&A » By The Online Investor Staff, updated Tue., Apr. 20, 4:04 AM Recent mergers and acquisitions in the Department Stores M&A category.

Slide #21. Genuine Parts Company Exego Group

Acquirer: Genuine Parts Company (NYSE:GPC)
Acquiree: Exego Group
Details: Genuine Parts Company (NYSE: GPC) announced today that it has entered into a definitive agreement to acquire the remaining 70% stake of Exego Group, headquartered in Melbourne, Australia, for a total purchase price of approximately $800 million (US$), including the assumption of certain debt.

Genuine Parts is engaged in the distribution of automotive and industrial replacement parts. Co.'s segments are: Automotive Parts Group, which distributes automotive parts and accessory items and provides inventory, cataloging, marketing, training and other programs to the automotive aftermarket; and Industrial Parts Group, which distributes industrial replacement parts and related supplies such as bearings, mechanical and electrical power transmission products, industrial automation and robotics, hose, hydraulic and pneumatic components, industrial and safety supplies and material handling products to maintenance, repair and operation and original equipment manufacturer customers.

Genuine Parts SEC Filing Email Alerts Service


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Company Name: 
Genuine Parts Co.
Website: 
www.genpt.com
Sector: 
Auto Parts
Number of ETFs Holding GPC: 
98
Total Market Value Held by ETFs: 
$3.07B
Total Market Capitalization: 
$17.11B
% of Market Cap. Held by ETFs: 
17.97%
 

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Hold (2.14 out of 4)
0th percentile
(ranked lower than approx. 100% of all stocks covered)

Analysts' Target Price:
GPC Stock Forecast

Based on Zacks ABR data;
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