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The latest update is out from RPMGlobal Holdings Ltd ( (AU:RUL) ).
RPMGlobal Holdings Limited has announced that the Australian Competition and Consumer Commission (ACCC) will not oppose the proposed acquisition of RPM by Caterpillar Inc’s wholly-owned subsidiary, Revolution HoldCo Pty Ltd, under a scheme of arrangement. This confirmation marks a critical step in the approval process, which also requires Foreign Investment Review Board clearance, RPM shareholder agreement, and Federal Court approval, with potential implications for RPM’s market leadership in mining software solutions and its stakeholder outcomes.
The most recent analyst rating on (AU:RUL) stock is a Hold with a A$4.50 price target. To see the full list of analyst forecasts on RPMGlobal Holdings Ltd stock, see the AU:RUL Stock Forecast page.
More about RPMGlobal Holdings Ltd
RPMGlobal Holdings Limited (ASX: RUL) is a global leader in providing innovative mining software solutions to the mining industry. With nearly five decades of expertise, RPM supports mining clients in over 125 countries, delivering safer, cleaner, and more efficient operations across the mining lifecycle.
Average Trading Volume: 1,849,201
Technical Sentiment Signal: Buy
Current Market Cap: A$1.09B
See more data about RUL stock on TipRanks’ Stock Analysis page.