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RPMGlobal Holdings Ltd ( (AU:RUL) ) has issued an update.
RPMGlobal Holdings has announced that the Foreign Investment Review Board requires additional time to assess the proposed acquisition of the company by Caterpillar’s wholly owned subsidiary, Revolution HoldCo Pty Ltd, via a scheme of arrangement. The statutory deadline for FIRB approval has been extended to 23 January 2026, a move the company describes as procedural and not indicative of any particular outcome, with the scheme still contingent on FIRB clearance and Federal Court approval; RPM has committed to updating shareholders as the timetable evolves.
The most recent analyst rating on (AU:RUL) stock is a Hold with a A$5.00 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 is an Australian-listed provider of mining software solutions, specialising in innovative technology that supports mining companies across the entire mine lifecycle. With nearly 50 years of experience and operations spanning more than 125 countries, RPM leverages deep domain expertise to help clients achieve safer, cleaner and more efficient mining operations.
Average Trading Volume: 1,859,721
Technical Sentiment Signal: Buy
Current Market Cap: A$1.1B
For detailed information about RUL stock, go to TipRanks’ Stock Analysis page.