On January 30, 2023, Janus Henderson Investors US LLC announced that it has filed an exempt solicitation statement with shareholders of Ritchie Bros Auctioneers Inc, stating that it has engaged with the Company regarding business combination agreement with IAA and highlighting its views evaluated the strategic alternatives on merger process. In addition, Janus Henderson Investors stated that it intended to vote against the proposed merger and highlighted that how the merger process would impact the shareholders' value.