Deal snapshot: Ritchie Bros. Discontinues UK Acquisition.

MANews-(C)2009-2022

Canada-based asset management, disposition, and services company Ritchie Bros. Auctioneers' (NYSE: RBA) and (TSX: RBA) Ritchie Bros. UK Holdings Ltd. subsidiary is discontinuing the Phase 2 review by the UK Competition and Markets Authority, the company said.

A sale and purchase agreement dated August 9, 2021 under which the RB Purchaser had agreed to...

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