Featured UK Watchdog Is Mulling Auction Technologies' Acquisition of LiveAuctioneers

Published on August 2nd, 2021 📆 | 3872 Views ⚑

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UK Watchdog Is Mulling Auction Technologies’ Acquisition of LiveAuctioneers


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By Ian Walker


The U.K. Competition and Markets Authority said Monday that it is considering whether Auction Technology Group PLC's $525 million acquisition of LiveAuctioneers Worldwide Inc. raises competition issues and has invited interested parties to offer comment ahead of a formal probe.

The regulator said interested parties have until Aug. 13 to offer any comments on the deal.

Auction Technology said on June 17 that it had agreed to buy LiveAuctioneers' holding company Platinum Parent Inc.






Write to Ian Walker at ian.walker@wsj.com


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