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Genuine Parts considers separation of auto and industrial businesses (GPC:NYSE)
Seeking Alphaยท 2025-09-19 21:03
Core Viewpoint - Genuine Parts Company is reportedly considering a separation of its industrial parts business from its auto parts business, which has led to an increase in its share price during late trading on Friday [2]. Company Summary - Shares of Genuine Parts Company (NYSE:GPC) gained ground in late trading on Friday [2]. - The company is in talks regarding the potential separation of its industrial parts business from its auto parts business, as reported by Bloomberg [2].