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Ritchie Bros scraps $817m purchase bid for Euro Auctions - Vimarsana News

Ritchie Bros scraps $817m purchase bid for Euro Auctions

Ritchie Bros, a heavy equipment auction expert dealing in purchase and sale of trucks and other assets, has called off its £775 million ($817.4 million) Euro Auctions purchase bid after the UK market regulator referred the deal for an in-depth probe.

Ritchie Bros scraps $817m purchase bid for Euro Auctions - Vimarsana News

Ritchie Bros scraps $817m purchase bid for Euro Auctions

Ritchie Bros, a heavy equipment auction expert dealing in purchase and sale of trucks and other assets, has called off its £775 million ($817.4 million) Euro Auctions purchase bid after the UK market regulator referred the deal for an in-depth probe.

Ritchie Bros cancels £775m merger with Euro Auctions - Vimarsana News

Ritchie Bros cancels £775m merger with Euro Auctions

Ritchie Bros, which supplies auctions for the sale of heavy machinery, has cancelled plans to merge with competing firm Euro Auctions, calling off the