Published: January 28, 2026 at 9:31 am
FitzWalter Capital has made a final offer to buy Auction Technology Group and slammed the company for failing to grant it access to conduct due diligence.
On 16th January 2026, FitzWalter announced that it was considering making an offer at a price of 400 pence in cash per ATG share after its previous 12 bids were rejected.
With a deadline of 5pm on 2nd February for any firm and final offer fast approaching, FitzWalter said the financial terms would not be improved.
“It is uncontroversial to say that a potential buyer who is not able to conduct due diligence will be constrained in their bidding in comparison with a buyer who is,” said Andrew Gray, partner at FitzWalter Capital.
“If FitzWalter are not able to access diligence in relation to ATG, it is shareholders who will ultimately miss out.”