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Ritchie Bros. Auctioneers Inc. completes acquisition of IAA Inc.
March 20, 2023 - 2:09 PM
VANCOUVER - Ritchie Bros. Auctioneers Inc. announced it has closed its acquisition of U.S. firm IAA Inc. after a contentious few months that saw shareholders divided over the deal.
Ritchie Bros. shareholders approve acquisition of IAA Inc. at special meeting
March 14, 2023 - 1:28 PM
VANCOUVER - Shareholders of Ritchie Bros. Auctioneers Inc. approved the company’s deal to buy U.S. automotive salvage company IAA Inc. at a meeting Tuesday, the company said in a press release.
Proxy advisory firm Egan-Jones recommends Ritchie Bros. shareholders back IAA deal
March 07, 2023 - 6:46 AM
VANCOUVER - Proxy advisory firm Egan-Jones is recommending shareholders of Ritchie Bros. Auctioneers Inc. support the company's deal to buy U.S. automotive salvage company IAA Inc.
Advisory firms recommend Ritchie Bros. shareholders vote against IAA deal
March 06, 2023 - 10:32 AM
VANCOUVER - A report by Institutional Shareholder Services recommends shareholders of Ritchie Bros. Auctioneers Inc. vote against the company's deal to buy automotive salvage company IAA Inc.
Ritchie Bros. Auctioneers reports Q4 profit and revenue up from year ago
February 22, 2023 - 5:45 AM
VANCOUVER - Ritchie Bros. Auctioneers Inc. reported its fourth-quarter profit and sales were up compared with a year earlier.
Ritchie Bros. Q4 profit expected to be between US$42M and US$45M
February 13, 2023 - 5:16 AM
VANCOUVER - Ritchie Bros. Auctioneers Inc. says it expects its fourth-quarter profit to come in between US$42 million and US$45 million.
Janus Henderson Investors to oppose Ritchie Bros. deal to buy IAA
January 30, 2023 - 12:14 PM
VANCOUVER - A second investment manager is voicing its opposition to a plan by Ritchie Bros. Auctioneers Inc. to buy vehicle auction company IAA Inc.
Luxor Capital still opposed to Ritchie Bros. deal to buy IAA despite changes
January 25, 2023 - 5:43 AM
VANCOUVER - Investment firm Luxor Capital Group LP remains opposed to Ritchie Bros. Auctioneers Inc.'s deal to buy IAA Inc. despite changes to the agreement.
Ritchies Bros. tweaks offer for IAA to up cash component, but trim overall value
January 23, 2023 - 5:51 AM
VANCOUVER - Ritchie Bros. Auctioneers Inc. is changing the terms of its proposal to buy IAA Inc. to increase the proportion of cash offered but trim the overall value of the bid.
Ritchie Bros. Auctioneers buying IAA in deal worth US$7.3 billion, including debt
November 07, 2022 - 10:30 AM
VANCOUVER - Shares in Ritchie Bros. Auctioneers Inc. plunged nearly 20 per cent after it announced a deal Monday to acquire U.S. company IAA Inc. in a transaction it valued at about US$7.3 billion including the assumption of US$1.0 billion of net debt.
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iN RESPONSE: Readers have their say
Following are emailed reader responses to stories or letters to the editor for the third week of April 2024. They have been edited slightly for readability. Got something you want to add? Send an email to editor Marshall Jones at mjo
Fruit packers near Kelowna fined another $78,000
A fruit packing plant in the Ellison area east of Kelowna was hit with another $78,368 in fines for discharging effluent into a failed septic field. That’s now more than $110,000 in fines since 2022 for the same issue at Sandher Fruit
Advocacy group calls on Vancouver to 'embrace' cannabis tourism after 4-20 'debacle'
VANCOUVER - The head of a B.C. cannabis growers group says the City of Vancouver's choice to discourage instead of sanction a marijuana celebration over the weekend was a costly "missed opportunity." The BC Craft Farmers Co-Op
Tranquille developer blames province after multiple ALC denials
The province's Agricultural Land Commission has heard multiple pleas from the owner of a historic Kamloops property who wants to build an agricultural suburb on the massive site. Each time Ignition Developments goes to the commission, i
Top News
Lawyers in Facebook class action get millions, users get dozens
Meta, the company behind Facebook, announced in February it would settle a class action lawsuit for $51 million but
April 23, 2024 6:00 PM
B.C. places online harms bill on hold after agreement with Meta, X, TikTok, Snapchat
VICTORIA - British Columbia has placed its proposed online harms legislation on hold after reaching an agreement wit
April 23, 2024 4:30 PM
BC Conservatives hold upper hand against BC United: poll
A survey shows the BC NDP winning the 2024 provincial election while the BC Conservatives sit in a comfortable secon
April 23, 2024 3:33 PM
The Latest | Tent compound rises in southern Gaza as Israel prepares for Rafah offensive
Satellite photos analyzed by The Associated Press appear to show a new compound of tents being built near Khan Younis i
April 23, 2024 3:08 PM
UPDATE: Missing 79-year-old Kelowna man's pickup located
Efforts to find a missing 79-year-old Kelowna man have escalated today as police officers, aircraft, police dogs, dr
April 23, 2024 2:45 PM
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