RPMGlobal (RPM) have announced to the Australian Stock Exchange market that RPM has entered into an Exclusivity Deed with Caterpillar Inc. (Caterpillar) following the receipt of a non-binding indicative proposal (Indicative Proposal) from Caterpillar to acquire all of the ordinary RPM shares and options on issue, by way of a scheme of arrangement (Proposed Transaction).
At this stage, given the indicative nature of the proposal, there is no certainty that it will result in a binding transaction.
Caterpillar shares our values, believes in our mission, and is committed to investing in our products, services, people, and our future. Caterpillar is a longstanding customer of RPM’s software products and is deeply embedded in the mining industry. Caterpillar has the strategic capabilities, industry reach, technological expertise, and common values to accelerate RPM’s growth trajectory.
Customers can be assured that:
RPM is proud of the relationship we’ve built with our customers, and we’re excited about the possibilities ahead.