UK's Auction Technology falls after FitzWalter rules out fresh takeover bid

Auction Technology

02/02/2026 08:12

** Shares of British online auction operator Auction Technology Group ATG.L down 8.7% at 282 pence

** Stock among top losers in the FTSE Small-Cap Index .FTSC, which is down 0.3%

** Co's biggest shareholder, FitzWalter Capital, says it will not make a new takeover bid for Auction Technology

** ATG rejected a 491-million-pound ($671.20 million) proposal from FitzWalter in January

** ATG has fallen ~53% in the last 12 months

 (Reporting by Nithyashree R B in Bengaluru)

 ((NithyashreeRB@thomsonreuters.com))