Britain’s Auction Technology on Monday turned down the most recent bid from FitzWalter Capital that values the company at 491 million pounds ($657.84 million), saying the offer highly undervalues the firm and its future prospects.
FitzWalter Capital’s 400 pence per share offer was the twelfth bid by the London-based investment firm for Auction Technology.
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The company, which currently holds more than 21% stake in Auction Technology, did not immediately respond to … [372 chars]
Source: Reuters | Published: 2026-01-19T07:34:30Z
Credit: Reuters
