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Genuine Parts Pays $2B For PE-Backed Auto Parts Co.

Genuine Parts Pays $2B For PE-Backed Auto Parts Co.

Georgia-headquartered Genuine Parts Co. has agreed to buy private equity-backed Alliance Automotive Group, a leading European wholesale distributor of automotive parts, in a deal worth roughly $2 billion, according to a Monday statement.



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Genuine Parts Pays $2B For PE-Backed Auto Parts Co.

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