Provided By CNW
Last update: Aug 17, 2023
Custom-tailored onsite plan attracts global bidders to unreserved Texas auction
HOUSTON and WESTCHESTER, Ill., Aug. 17, 2023 /CNW/ - RB Global, Inc. (NYSE: RBA) (TSX: RBA), a trusted global marketplace for insights, services and transaction solutions for commercial assets and vehicles, today announced that its subsidiary Ritchie Bros. Auctioneers (America), Inc. sold nearly US$44 million of equipment for industry-leader WB Pipeline LLC on August 9, in Splendora, Texas. Thousands of bidders onsite and online around the world competed for more than 2,700 pieces of diverse, well-maintained, ready-to-work equipment items in Ritchie Bros.' largest pipeline construction auction of the year.
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A fundamental analysis of (NYSE:RBA): Reasonable growth and debt and a high ROIC for RB GLOBAL INC (NYSE:RBA).