Deals
Sixt Says Speculation About Talks to Buy Hertz Is ‘Baseless’
- Unsubstantiated takeover rumors lift Hertz in U.S. trading
- Sixt is diversifying Europe-focused business into the U.S.
Photographer: Ulrich Baumgarten/Getty Images
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Sixt SE denied speculation the German car rental company is in advanced talks to buy smaller U.S. rival Hertz Global Holdings Inc.
Unsubstantiated reports about Sixt holding advanced talks with Hertz are “baseless” and wrong, the Pullach, Germany-based company said Thursday in an emailed statement.