Mavis completed the $700M acquisition of Pep Boys from Icahn Enterprises. The transaction adds a major automotive services brand to Mavis's portfolio. Further details on integration plans were not immediately available.
Mavis completes $700M acquisition of Pep Boys from Icahn
The deal marks Mavis's expansion into automotive services through the purchase of the iconic tire and repair chain.
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Lucas Ferreira · Deals & Startups Desk · 20 Aug 2026 · 21:02 · 1 min read
This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Lucas Ferreira
Deals & Startups Desk
Lucas covers M&A activity and startup funding rounds, tracking deal structures and valuations to explain what a transaction means for the companies and markets involved.
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