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RB Global Inc

RBA: XTSE (CAN)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
CAD 55.00QqkmbFwwjlmc

Ritchie Bros. Continues to Make Its Case to Investors on the Combination With IAA

On Jan. 23, Ritchie Bros. held a call with investors to provide further insight into the rationale behind the IAA merger. As a result, we’ve elected to raise our fair value estimate to $48 from $42.50 previously, largely due to our increased cost synergy expectations for the combined entity.

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