Latest News Updates From David Carnevali

BusinessTechnologyEquipment

Digital car sales marketplace ACV Auctions explores takeover

ACV also is weighing a strategic partnership as an alternative to a sale, according to sources cited by Bloomberg.

August 11, 2026
BusinessEquipment

Genuine Parts draws O’Reilly cash bid for auto unit Napa

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

July 2, 2026
BusinessTechnologyEquipmentFuel

Eaton to Spin Off Its $5 Billion Vehicle Unit

Eaton on Jan. 26 announced it is pursuing a separation of its Vehicle and eMobility segments, as the electrical equipment maker looks to focus on high-growth businesses under new CEO Paulo Ruiz.

January 26, 2026
BusinessFor-HirePrivate

Beacon Roofing Rejects Hostile QXO Bid

Beacon Roofing Supply has officially rejected a hostile takeover approach from QXO, setting the stage for a potentially protracted battle for control of the building supplies provider.

February 6, 2025
BusinessEquipmentPrivateTop 100

Beacon Roofing Solicits Bids to Fend Off Brad Jacobs' QXO

Beacon Roofing Supply has started soliciting interest from potential buyers as it looks to fend off an $11 billion takeover bid from rival QXO Inc., people familiar with the matter said.

January 24, 2025
GovernmentBusinessFuel

Colonial Pipeline Weighs Bids for Potential $10B Sale

The Alpharetta, Ga.-based company is working with advisers as it seeks to gauge interest from potential buyers, according to sources who asked not to be named.

October 29, 2024

Newsletter Signup

Subscribe to Transport Topics

Subscribe  Gift a Subscription

FOLLOW US ON GOOGLE NEWS