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News Breaks | | | | November 13, 2012 | | 09:46 EDT |  | AAP, ORLY | Three to four PE firms interested in Advance Auto Parts, CNBC reports
Three to four private equity firms are showing interest in acquiring Advance Auto Parts (AAP), CNBC's David Faber reports. A deal could take a couple of months to come together, Faber said, and would likely require a $2B equity check. There is no strategic interest for Advance Auto at this time, and O'Reilly Automotive (ORLY) would be one of the few auto parts suppliers left should a deal for Advance Auto get done, Faber added. | |
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