Ritchie Bros. to acquire IAA for $7.3 billion

Ritchie Bros. Auctioneers Incorporated announced a definitive agreement to acquire IAA, Inc. in a stock and cash transaction valued at approximately $7.3 billion, including the assumption of $1.0 billion of net debt. The deal creates a leading global marketplace for commercial assets and vehicles.

“Ritchie Bros. to Acquire IAA and Create a Leading Global Marketplace for Commercial Assets and Vehicles”investor.rbglobal.com

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• investor.rbglobal.comRB Global, Inc. - Ritchie Bros. to Acquire IAA and Create a Leading Global Marketplace for Commercial Assets and VehiclesNov 7, 2022

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