H&E Equipment accepts Herc Rentals' $5.3 billion buyout bid, FT reports

United Rentals

18/02/2025 05:12

Feb 18 (Reuters) - H&E Equipment Services  HEES.O  has
accepted a roughly $5.3 billion takeover bid from Herc Rentals,
rebuffing an earlier acquisition offer from equipment rental
rival United Rentals  URI.N , the Financial Times reported on
Tuesday.

 (Reporting by Shivani Tanna in Bengaluru; Editing by Savio
D'Souza)
 ((ShivaniJayesh.Tanna@thomsonreuters.com;))