tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

RPMGlobal Shifts Focus to Software Business Amid Strategic Sale

Story Highlights
RPMGlobal Shifts Focus to Software Business Amid Strategic Sale

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An update from RPMGlobal Holdings Ltd ( (AU:RUL) ) is now available.

RPMGlobal Holdings Ltd held its 2025 Annual General Meeting virtually, where significant corporate developments were discussed. The company completed the sale of its Advisory Business to SLR Consulting for $63 million, allowing it to concentrate on its software segment. Following this sale, RPMGlobal received interest in its software business, leading to a structured process to engage potential buyers. Caterpillar emerged as the preferred bidder, and RPMGlobal has entered a binding agreement with them after a period of exclusive due diligence.

The most recent analyst rating on (AU:RUL) stock is a Hold with a A$4.50 price target. To see the full list of analyst forecasts on RPMGlobal Holdings Ltd stock, see the AU:RUL Stock Forecast page.

More about RPMGlobal Holdings Ltd

RPMGlobal Holdings Ltd is a company operating in the software industry, focusing on providing solutions for the mining sector. The company has recently shifted its focus entirely to its software business following the sale of its Advisory Business.

Average Trading Volume: 1,261,368

Technical Sentiment Signal: Buy

Current Market Cap: A$1.08B

Learn more about RUL stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1