Auctions for Auctioneers: Ritchie Bros acquisition of IAA achieves shareholder approval
Toronto, Ontario — After some bumps along the road of negotiation, the Ritchie Bros acquisition of IAA has been completed following shareholder agreement from both parties. This merger will see IAA stockholders receive $12.80 per share in cash and 0.5252 common shares of Ritchie Bros. for each share of IAA common stock they own. When […]
VIP List: Attendees for ARC electric vehicle roundtable to include OEMs, insurance carriers, collision network reps and more
Toronto, Ontario — The Automotive Recyclers of Canada’s (ARC) invite-only roundtable discussion on the end-of-life process of electric vehicles will include delegates from various verticals of the automotive industry, including collision repair banners, insurance reps and automakers. According to ARC managing director Steve Fletcher, the guest list include organizations like AIA Canada, AARO (Automotive Aftermarket […]
On the OARA Docket: Convention to feature ‘auto recycler to auto recycler’ styled speaker presentations; topics in hiring, sales and more
Toronto, Ontario — The Ontario Association of Automotive Recyclers (OARA) is hosting its annual Convention and Trade Show in two weeks—and the event is stacked with informative panels. “[OARA is] taking a more ‘auto recycler to auto recycler’ approach to much of this year’s presentations,” explained Steve Fletcher, managing director of the Automotive Recyclers of […]