RB Global (RBA) said Tuesday that the waiting period under the Hart-Scott-Rodino Act for its unit Ritchie Bros Auctioneers America's pending acquisition of JM Wood Auction has been terminated early by the US Federal Trade Commission.
The company said the waiting period satisfies a condition to the completion of the deal, which is expected to close in Q2 or early Q3 but is still subject to other closing conditions.
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