RPMGlobal Holdings Says Caterpillar, FIRB Agree to Extend Deadline for Approval for Proposed Acquisition

MT Newswires Live

01/13

RPMGlobal Holdings (ASX:RUL) said that Caterpillar and the Foreign Investment Review Board (FIRB) agreed to extend the statutory deadline for FIRB approval to Jan. 23 for the proposed acquisition of the firm by Revolution HoldCo, a direct wholly-owned unit of Caterpillar, via a scheme of arrangement, according to a Tuesday Australian bourse filing.

Caterpillar informed the firm that FIRB requires additional time to complete its assessment, per the filing.

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