United Rentals to Buy H&E: A Big Move for Equipment Rental Leadership
United Rentals(URI) ZACKS·2025-01-15 16:25
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, which includes $1.4 billion in net debt, is a strategic milestone that will expand United Rentals’ capabilities and footprint across key U.S. markets. The transaction is expected to close in the first quarter of 2025, and its immediate impact on the company’s growth trajectory is already generating buzz.Shares ...