Australia's RPMGlobal hits record high, Caterpillar to acquire firm

RPMGlobal Holdings

13/10/2025 24:49

** Shares of Australian mining software co RPMGlobal RUL.AX soar as much as 3.2% to a record high of A$4.9

** Caterpillar CAT.N will buy co for an equity value A$1.12 billion ($727.78 million)

** Offer price of A$5 per share represents a 32.6% premium to RPM's closing price on August 28, the last trading day before the announcement of Caterpillar's proposal

** YTD, RPM up 59.3%

($1 = 1.5389 Australian dollars)

 (Reporting by Nichiket SUnil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com))