(Reuters) - Hertz Global Holdings Inc said it would spin off its equipment rental business, aiming to raise $2.5 billion (£1.5 billion) to repay debt and focus on its car rental business. Hertz, the ...

March 18 (Reuters) - Hertz Global Holdings Inc said it would spin off its equipment rental business, raising $2.5 billion to reduce debt and fund a $1 billion share buyback. Sign up here. Hertz, the ...

NAPLES, Fla. • Hertz plans to spin off its equipment rental business into a separate publicly traded company. The car rental company said Tuesday that it will receive about $2.5 billion in net ...

Park Ridge, NJ – Hertz Equipment Rental Corporation (HERC) launches a new Trench Safety Services division, which expands the company’s equipment, products, and service offerings to support the safety ...

Hertz Global Holdings recently announced its wholly owned subsidiaries, Hertz Corp. and Hertz Equipment Rental Corp., have completed the refinancing of their existing senior secured credit facilities.

Hertz and Hertz Equipment Rental have secured an asset-based revolving credit facility worth $1.8 billion and a new $1.6 billion senior secured term loan. Hertz and Hertz Equipment Rental have secured ...

Dealers looking for off-rental vehicles from Hertz will be seeing them coming from a newly created operation. The Hertz board of directors announced on Tuesday that it approved plans to separate into ...

Ford and its wholly-owned subsidiary Hertz Corporation are evaluating the sale or partial disposition of Hertz subsidiary Hertz Equipment Rental Corporation (HERC). Ford has retained JP Morgan to ...

The mutually beneficial agreement provides APR Energy with immediate access to one of the largest power markets in the Middle East by leveraging Hertz' business network, trusted global brand name, and ...