Ritchie Bros completes acquisition of IAA

RB Global (Ontario)

20/03/2023 20:27

March 20 (Reuters) - Ritchie Bros Auctioneers Inc
 RBA.TO  said on Monday it had completed the acquisition of IAA
Inc  IAA.N . 
    Under the terms of the amended merger agreement, IAA
shareholders will receive $12.80 per share in cash and 0.5252
common shares of Ritchie Bros for each share of IAA common stock
they own, the company said. 

 (Reporting by Priyamvada C in Bengaluru)
 ((Priyamvada.C@thomsonreuters.com https://twitter.com/priyamouli1812?lang=en;))