Hertz to acquire Oro Mobility in Hamilton-Effect transaction
Hertz Corporation announced a definitive contribution agreement with Oro Mobility Holdings to acquire the Sparks-based EV logistics business and associated assets for $150 million in cash, aiming to bolster its EV fleet capabilities.
AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.
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