Auto-part supplier First Brands Group LLC is preparing to enter bankruptcy with no restructuring plan in place, a sign of how quickly the Rochester Hills-based company’s fortunes are unraveling, ...
Bank of America has reinstated coverage on the auto parts retail sector, highlighting two stocks as top picks amid an aging vehicle fleet and sustained inflation in motor vehicle parts.
Gabriel India Ltd., an Indian auto parts manufacturer, is in discussions with foreign banks for a local-currency bond that will fund a planned acquisition, according to people familiar with the matter ...
Investment firms Apollo Global Management Inc. and Diameter Capital Partners have both closed their bets against the debt of troubled auto parts supplier First Brands Group, according to people ...
You may not have heard of First Brands Group, but if you own any car other than one you’ve just driven off a new car lot, you’ve probably been its customer. That’s because Cleveland-based First Brands ...