Caterpillar to acquire Australia's RPMGlobal for $728 million

Reuters10-13
Caterpillar to acquire Australia's RPMGlobal for $728 million

Oct 13 (Reuters) - Australian mining software firm RPMGlobal RUL.AX said on Monday that it has struck a deal to be acquired by heavy machinery giant Caterpillar CAT.N for a total equity value of A$1.12 billion ($728.22 million).

($1 = 1.5380 Australian dollars)

(Reporting by Rishav Chatterjee in Bengaluru; editing by Diane Craft)

((Rishav.Chatterjee@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment