RPMGlobal entered a six-week exclusivity period with Caterpillar on August 29 to conduct due diligence to firm up a non-binding indicative offer, which values the Australian software company at $5 per share or A$1.12 billion (US$733 million) in equity value, by way of a scheme of arrangement.<\/p>\n\n\n\n
\u201cCaterpillar shares our values, believes in our mission, and is committed to investing in our products, services, people, and our future,\u201d said RPMGlobal. \u201c[It] is a longstanding customer of RPM\u2019s 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\u2019s growth trajectory.\u201d<\/p>\n\n\n\n
There is no certainty that the proposal will result in a binding transaction, noted RPMGlobal.<\/p>\n","protected":false},"excerpt":{"rendered":"
RPMGlobal entered a six-week exclusivity period with Caterpillar on August 29 to conduct due diligence to firm up a non-binding indicative offer, which values the Australian software company at $5 per share or A$1.12 billion (US$733 million) in equity value, by way of a scheme of arrangement. \u201cCaterpillar shares our values, believes in our mission, and is committed to investing…<\/p>\n","protected":false},"author":1,"featured_media":3841,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_themeisle_gutenberg_block_has_review":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[5],"tags":[40,67],"coauthors":[1644],"class_list":["post-11262","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-equipment-technology","tag-caterpillar","tag-rpmglobal"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t