RPMGlobal Shares Suspended as Caterpillar Deal Gains Court Approval
RPMGlobal’s acquisition by Caterpillar has cleared its final legal hurdle, with shares suspended and a $5 per share cash payout set for mid-February.
- Scheme of arrangement approved by Federal Court
- RPMGlobal shares suspended from ASX trading
- Shareholders to receive A$5.00 cash per share
- Implementation expected on 18 February 2026
- Scheme record date set for 11 February 2026
Scheme Approval Marks Major Milestone
RPMGlobal Holdings Limited (ASX, RUL), a leading provider of mining software solutions, has reached a significant milestone in its acquisition by Caterpillar Inc. The Federal Court of Australia has formally approved the scheme of arrangement, making the takeover legally effective as of 3 February 2026. This approval follows the earlier agreement by RPM shareholders and the absence of objections from the Australian Securities and Investments Commission.
Trading Suspension and Shareholder Payout
Following the court’s endorsement, RPMGlobal shares were suspended from trading on the ASX at the close of business on 3 February. Shareholders recorded on the company’s register at 7, 00 pm Sydney time on 11 February 2026 will be entitled to a cash payment of A$5.00 per share. The implementation of the scheme, including the payment to shareholders, is expected to occur on 18 February 2026, subject to any changes announced through the ASX.
What This Means for RPMGlobal and Caterpillar
The acquisition by Caterpillar, a global industrial heavyweight, signals a strategic expansion into mining software solutions, complementing its existing portfolio. For RPMGlobal, this marks the end of its journey as an independent ASX-listed company after nearly two decades. The deal reflects Caterpillar’s commitment to integrating advanced technology into mining operations worldwide, potentially accelerating innovation and operational efficiencies.
Looking Ahead
While the legal and procedural steps are now complete, the market will be watching closely for how the integration unfolds post-acquisition. Shareholders have secured a definitive cash return, but questions remain about the future direction of RPMGlobal’s technology offerings under Caterpillar’s ownership. The suspension of trading also means investors will need to wait for further updates on any relisting or alternative arrangements.
Bottom Line?
With the scheme now effective, all eyes turn to the upcoming implementation date and the future of RPMGlobal under Caterpillar’s wing.
Questions in the middle?
- How will Caterpillar integrate RPMGlobal’s software solutions into its broader operations?
- Will there be any changes to RPMGlobal’s leadership or strategic direction post-acquisition?
- What impact will the acquisition have on RPMGlobal’s existing clients and product development?
