Implementation of Scheme of Arrangement
| Stock | Rpmglobal Holdings Ltd (RUL.ASX) |
|---|---|
| Release Time | 18 Feb 2026, 11:07 a.m. |
| Price Sensitive | Yes |
Caterpillar to acquire RPMGlobal Holdings Ltd
- RPMGlobal Holdings Ltd (ASX: RUL) to be acquired by Caterpillar Inc
- Acquisition to be implemented through a Scheme of Arrangement
- RPM shareholders to receive A$5.00 cash per share
RPMGlobal Holdings Limited (ASX: RUL) has announced the implementation of a Scheme of Arrangement, under which Revolution HoldCo Pty Ltd (Caterpillar BidCo), a direct wholly owned subsidiary of Caterpillar Inc (Caterpillar), will acquire 100% of the shares on issue in RPM. The Scheme was approved by the requisite majority of RPM shareholders on 19 December 2025 and the Federal Court of Australia on 3 February 2026, and was implemented on 18 February 2026. RPM shareholders recorded on the company's share register as of 7.00 pm (Sydney time) on 11 February 2026 (Scheme Record Date) have been sent A$5.00 cash per RPM share held by them on that date. Trading in RPM shares was suspended from close of trading on 4 February 2026, and the company intends to apply for its removal from quotation on the official list of ASX with effect from close of trading on 19 February 2026.