Australia's RPMGlobal hits record high on takeover offer valuing co at $727.8 million

RPMGlobal Holdings

01/09/2025 01:26

** Shares of RPMGlobal Holdings RUL.AX rise as much as 26.8% to a record high of A$4.780

** Training software maker for mining industry gets non-binding takeover offer from Caterpillar Inc valuing co at A$1.12 billion ($727.78 million)

** Shares last up 24.7% to A$4.7, lower than offer price of A$5.00/share

** Stock heading for best day of all time, if gains hold

** RPMGlobal among top gainers in the ASX all ordinaries index .AORD

** Stock up ~54% this year, including the day's move

($1 = 1.5389 Australian dollars)

(Reporting by John Biju in Bengaluru)

((John.Biju@thomsonreuters.com;))