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Stock impact report

RB Global to Acquire BigIron, Accelerating Strategic Expansion into U.S. Agriculture

Ritchie Bros. Auctioneers Incorporated (RBA) 
Last ritchie bros. auctioneers incorporated earnings: 2/27 05:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.ritchiebros.com
Company Research Source: Business Wire
WESTCHESTER, Ill.--(BUSINESS WIRE)--RB Global, Inc. (NYSE: RBA) (TSX: RBA) (“RB Global” or the “Company”), the trusted global partner for insights, services and transaction solutions, today announced that it has entered into a definitive agreement to acquire Big Iron Auction Company (“BigIron”), accelerating the Company’s strategic expansion into U.S. agriculture.BigIron is a scaled, agriculture-focused online marketplace connecting buyers and sellers of agricultural equipment, land, livestock, and other farm and ranch assets. Embedded in the communities it serves across rural America, BigIron’s digital platform is trusted by farmers, landowners, and rural enterprises. BigIron processed roughly $885 million in gross transaction value (“GTV”)1, including roughly $520 million from commercial assets and vehicles and $365 million from agriculture land and real estate transactions, and is supported by a highly engaged bidder base.“BigIron brings a talented team with deep ag sector know Show less Read more
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