Auction Technology Group rejects 12th FitzWalter offer of £491m

Auction Technology Group has rejected a fresh takeover approach from its largest shareholder FitzWalter Capital, saying the latest 400p-per-share proposal still undervalues the business. In a statement released today, the business said it had not received a formal letter setting out the full terms of FitzWalter’s indicative £491 million cash offer, with FitzWalter’s adviser Macquarie … Continue reading Auction Technology Group rejects 12th FitzWalter offer of £491m