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UK Concerns Sink $1B Machinery Auction Tie-Up

By Matthew Perlman ( May 3, 2022, 4:35 PM EDT) -- U. K. enforcers said Tuesday they have closed their probe of asset manager Ritchie Bros. ' planned £775 million ($1. 08 billion) acquisition of Euro Auctions after the companies were unable to cure competition concerns raised by the deal and abandoned the merger. . . .

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