Genuine Parts Is Said to Receive O’Reilly Interest for Auto Unit

Genuine Parts Co. has attracted a cash bid for its auto-parts arm from O’Reilly Automotive Inc. as it seeks to refocus on its industrials business, according to people familiar with...

By David Carnevali · Bloomberg Markets

Genuine Parts Co. has attracted a cash bid for its auto-parts arm from O’Reilly Automotive Inc. as it seeks to refocus on its industrials business, according to people familiar with the matter.