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Uber, Careem in Talks to Merge Middle East Operations
Edge Auto, Budd Enterprises Merge, Expand NYC Rental Offerings
SnappCar, Europcar Launch Drive & Share Solution
Daimler, BMW Reportedly Merging Car-Sharing Services
Element to Acquire GE Capital's Fleet Business

Element to Acquire GE Capital's Fleet Business

Toronto-based Element Financial Corp. has entered an agreement with General Electric to acquire GE Capital's fleet business in the U.S., Mexico, Australia and New Zealand for $6.9 billion.

June 29, 2015

Hertz Completes Donlen Acquisition

Final acquisition price of $177 million is lower than initial $255 million. Assumption of Donlen fleet debt is $770 million, $90 million more than original assumption.

September 2, 2011