In an overnight auction run by the U.K. takeover regulator, India-based Tata’s 608 pence-a-share bid edged out a final bid of 603 pence a share from Brazilian steelmaker Companhia Siderurgica Nacional (SID), or CSN.
The move establishes the world’s fifth-largest steel maker by output.
In a statement later Wednesday in London, Tata said it expects, subject to […]

In what could be the most valuable sale they have ever staged in Europe, auctioneers Sotheby’s said on Wednesday they expect to raise more than 100 million pounds ($195 million) from an Impressionists’ auction next week.
Many of the works have not been offered on the market for many years and among the highlights of Monday’s […]

Four tickets to Friday’s Australia v England daynighter at the Sydney Cricket Ground were for sale on eBay for a paltry £8.
Given that each ticket was bought for a face value of more than £20, the seller was accepting a 90 per cent reduction.

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Eftis Paraskevaides, 50, a Greek Cypriot who lives in Godmanchester, was suspended from the hospital after fears were expressed about his work.
He has since become a top eBay trader - earning some £1.4million a year from the site - but now allegations have linked him “shill bidding”, bidding to raise the price of goods […]

[ March 15, 2007; ] A Maori war club and a collection of Victorian pot lids are to go under the hammer in Edinburgh as part of an auction of 550 curiosities.

The unusual objects, which were collected by stonemason Norris Wood over a 55-year period and have been on display in Orkney since the 1960s, are to be auctioned off […]

Siderurgica Nacional SA and Tata Steel Ltd. began bidding for Corus Group Plc, Britain’s biggest steelmaker, at an auction that may drive the price as high as 5.2 billion pounds ($10.2 billion).
The U.K. Takeover Panel ruled last week that Corus should sell itself to the highest bidder after three months of competing offers failed to […]

Hertfordshire Police are putting a £4,000 Cartier watch up for auction.
Hertfordshire Constabulary is about to put the watch, its most expensive item of property, on sale at Bumblebee - the online police auction site.
The force is one of 14 across England to use the site to dispose of lost, found and recovered items […]

eBay stepped up a ban on listing virtual items, such as characters and weapons from online multi-player games World of Warcraft and EverQuest II. Virtual world Second Life has been exempt from the ban because eBay does not consider it a game, not because eBay founder Pierre Omidyar is an investor, reports Auction Bytes. […]

eBay is stopping the auctioning of virtual goods from online worlds such as World of Warcraft and City of Heroes, but it hasn’t yet extended the ban to Second Life, CNET reports. Many publishers of online worlds state that users cannot sell their virtual assets for real-money and doing so is grounds for banishment.
eBay’s decision […]