Jan 14 (Reuters) - United Rentals (URI.N), opens new tab said on Tuesday it would acquire smaller rival H&E Equipment Services (HEES.O), opens new tab in a deal valued at $4.8 billion, as the ...
United posted $3.119 billion in equipment rental revenue in the fourth quarter of 2023, compared to $2.747 billion in the fourth quarter of 2022, a 13.5-percent jump. Concurrent with the acquisition, ...
Equipment rental company United Rentals (NYSE:URI) is set to acquire H&E Equipment Services (HEES) for $92 per share in cash, valuing the latter at ~$4.8B. The enterprise value includes about $1 ...
By Abhinav Parmar and Nathan Gomes (Reuters) -United Rentals said on Tuesday it would acquire smaller rival H&E Equipment Services in a deal valued at $4.8 billion, as the company looks to tap ...
in the $4.8 billion deal. Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years ...
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United Rentals Inc., announced Jan. 14 it will acquire H&E Equipment Services for $92 per share in cash, reflecting a total enterprise value of about $4.8 billion, including about $1.4 billion of ...
United Rentals, Inc. URI is making bold moves to solidify its position as the leading equipment rental provider with its acquisition of H&E Equipment Services, Inc. HEES. This $4.8 billion deal ...
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United Rentals, Inc. and H&E Equipment Services ... investors about its ability to return capital to shareholders in the near term. The transaction is subject to customary closing conditions ...
H&E Equipment Services shares more than doubled in value intraday Tuesday after United Rentals agreed to buy the company for $4.8 billion. The combination of equipment renters expands United ...
United Rentals said Tuesday it has reached a $4.8 billion deal to acquire Baton Rouge-based H&E Equipment Services. United Rentals said it will acquire all of the shares of H&E for $92 each ...