Janus Henderson Investors to oppose Ritchie Bros. deal to buy IAA - BNN Bloomberg

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A second investment manager is voicing its opposition to a plan by Ritchie Bros. Auctioneers buy vehicle auction company IAA.

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Janus Henderson Investors joins Luxor in opposing Ritchie Bros’ planned acquisition of IAA‘We have significant misgivings about the strategic and financial rationale for this deal,’ two Janus Henderson portfolio managers and an analyst said in a letter to the Ritchie Bros Board of Directors
Source: globeandmail - 🏆 5. / 92 Read more »

Janus Henderson Investors joins Luxor in opposing Ritchie Bros’ planned acquisition of IAA‘We have significant misgivings about the strategic and financial rationale for this deal,’ two Janus Henderson portfolio managers and an analyst said in a letter to the Ritchie Bros Board of Directors
Source: globeandmail - 🏆 5. / 92 Read more »