CHARLOTTE, N.C. – The Cowboys just lost to the worst starting quarterback in the NFL.
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Caterpillar to Acquire Australia’s RPM Global for $730 Million
By David Winning
SYDNEY--Mining software company RPM Global said it has agreed to a takeover by U.S. giant Caterpillar that values its equity at some 1.12 billion Australian dollars (US$730 million).
RPM Global said Caterpillar is offering A$5.00 per share in cash. That represents a 33% premium to RPM Global's share price on Aug. 28, just before it announced Caterpillar was interested in acquiring the company.
Denise Johnson, Caterpillar's president of Resource Industries, said RPM Global's software complements its own technologies, especially in areas such as asset management, fleet management and autonomy.
"Together, we have the potential to enhance mine site operations for our customers, unlocking even greater value," Johnson said.
Write to David Winning at david.winning@wsj.com
(END) Dow Jones Newswires
October 12, 2025 17:50 ET (21:50 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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