Financial
Genuine Parts Co. Prices Aggregate $1B of Senior Notes
GPC intends to use the net proceeds from this offering to finance a significant portion of its recent acquisition of...
GPC intends to use the net proceeds from this offering to finance a significant portion of its recent acquisition of...
KDG is a leading power transmission, automation and fluid power industrial distributor and solutions provider.
The transaction is expected to close in the first quarter of 2022, subject to the satisfaction of customary closing conditions.
Sales of $4.8 billion, up 10.3%.
The company's board of directors also declared a regular quarterly dividend.
Sales of $4.8 billion, Up 25.1%.
Naveen Krishna joins GPC as executive vice president and chief information & digital officer.
The dividend is payable July 1, 2021 to shareholders of record June 4, 2021.
Napoleon Rutledge appointed to chief accounting officer.
Net income from continuing operations was $171.6 million, or a diluted earnings per share of $1.18.
