LOXAM Group in exclusive negociations with the Hertz Corporation for potential acquisition of the France and Spain businesses of Hertz Equipment Rental Corporation

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The LOXAM Group (Loxam) has announced that it has entered into exclusive negociations with The Hertz Corporation (NYSE: HTZ) for the potential acquisition of the France and Spain businesses of Hertz Equipment Rental Corporation (HERC) through the transfer of the entire share capital of Hertz Equipement France SAS and Hertz Alquiler de Maquinaria SLU. The proposed transaction includes 60 locations in France and two in Spain.

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