NYSE:RBACommercial Services
RB Global’s BigIron Deal Recasts Growth Story Around U.S. Agriculture
RB Global (NYSE:RBA) has completed its acquisition of Big Iron Auction Company.
The deal expands RB Global’s presence in the U.S. agriculture market and agricultural real estate.
The transaction adds online auction capabilities and farm-focused relationships to RB Global’s marketplace platform.
RB Global enters this new phase with its shares recently trading at $104.55 and a mixed return profile, with the stock up 2.7% over the past week but down 2.1% over the past year. Over longer...