tiprankstipranks
Advertisement
Advertisement

RPMGlobal Scheme for Caterpillar Takeover Becomes Legally Effective

Story Highlights
  • RPMGlobal’s acquisition by Caterpillar subsidiary via court-approved scheme is now effective.
  • RPM shares will be suspended, and eligible shareholders will receive A$5.00 cash per share on implementation.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
RPMGlobal Scheme for Caterpillar Takeover Becomes Legally Effective

Claim 55% Off TipRanks

RPMGlobal Holdings Ltd ( (AU:RUL) ) just unveiled an update.

RPMGlobal Holdings Limited has confirmed that its scheme of arrangement for the acquisition of all its shares by Revolution HoldCo Pty Ltd, a wholly owned subsidiary of Caterpillar Inc, has become legally effective following approval by the Federal Court of Australia and lodgement of court orders with ASIC. Trading in RPM shares on the ASX will be suspended from the close of trading on 4 February 2026, with implementation of the scheme expected on 18 February 2026, at which time shareholders on the register as at 11 February 2026 are to receive A$5.00 in cash per share, marking RPM’s transition into Caterpillar’s ownership and the removal of its listing from the Australian market.

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, listed on the ASX, is a global leader in mining software solutions, providing innovative technology and deep domain expertise to help mining companies extract more value across the entire mining lifecycle. With nearly 50 years of experience and operations supporting clients in over 125 countries, the company focuses on enabling safer, cleaner and more efficient mining operations worldwide.

Average Trading Volume: 1,239,257

Technical Sentiment Signal: Buy

Current Market Cap: A$1.1B

For a thorough assessment of RUL stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1