Investment firm FitzWalter Capital raised its possible cash offer for Auction Technology Group to 400 pence per share on Friday, after the British online auction operator’s board rejected previous proposals as undervaluing the business.
The new offer price would value Auction Technology at 491 million pounds ($658.43 million).
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London-based FitzWalter, which holds more than 21% stake in ATG, has made 11 takeover approaches since talks started in September. Earlier this … [657 chars]
Source: Reuters | Published: 2026-01-16T11:44:57Z
Credit: Reuters
