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IN BRIEF: Auction Technology Group completes LiveAuctioneers deal

1st Oct 2021 12:07

Auction Technology Group PLC - London-based auction website operator and magazine publisher - Acquisition of US online marketplace LiveAuctioneers completes on Friday. ATG pays USD500 million up front and up to USD25 million in earn-outs depending on LiveAuctioneers' revenue and profit in 2021. The UK Competition & Markets Authority had cleared the deal on Wednesday.

Current stock price: 1,348.00 pence

Year-to-date change: more than double from 600p initial public offering price in February

By Ivan Edwards; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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