Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

HK Type 4 license through Ballingal Investment Advisors Ltd. 

I'm a highly experienced sell-side analyst with in excess of 22 years of covering Asia Pacific equities, the past 19 years immersed in event strategies encompassing M&A risk arbitrage, directional long/short, stub trades and restructuring.  

My background also includes accountancy (liquidation/bankruptcy/receivership) earlier in my career and as a chief financial officer of a global commodity company based in the US and Mexico.

Pan-Asia Catalysts/Events

RPMGlobal (RUL AU): 19th Dec Vote On Caterpillar's Offer

RPMGlobal (RUL AU) In Caterpillar's Crosshairs

Quiddity Advisors

Event-Driven

RPMGlobal Holdings Limited / Event-Driven

<ul>
<li>
<strong><a href="https://www.smartkarma.com/entities/rpmglobal-holdings-limited" target="_blank" data-smartkarma-citation="entities:16492:1" rel="noopener">RPMGlobal Holdings Limited (RUL AU)</a></strong>, a mining software technology provider, has <a href="https://announcements.asx.com.au/asxpdf/20251013/pdf/06qfhd392dbj5b.pdf" target="_blank" rel="noopener">entered into a Scheme</a> with <strong><a href="https://www.smartkarma.com/entities/caterpillar-inc" target="_blank" data-smartkarma-citation="entities:697:1" rel="noopener">Caterpillar Inc (CAT US)</a></strong>.</li>
<li>Caterpillar, which currently holds no shares in RPMGlobal, is offering A$5/share (the same as in the <a href="https://announcements.asx.com.au/asxpdf/20250901/pdf/06nnkpxcbp50jt.pdf" target="_blank" rel="noopener">NBIO</a>), a 32.8% premium to undisturbed. Terms have not been declared final.</li>
<li>FIRB and ACCC approvals are conditions. FIRB won't be an issue. The key ACCC question is whether the combo has significant direct market overlap that triggers substantial competition concerns.</li>
</ul>



RPMGlobal Holdings Limited (RUL AU), a mining software technology provider, has entered into a Scheme with Caterpillar Inc (CAT US).
Caterpillar, which currently holds no shares in RPMGlobal, is offering A$5/share (the same as in the NBIO), a 32.8% premium to undisturbed. Terms have not been declared final.
FIRB and ACCC approvals are conditions. FIRB won't be an issue. The key ACCC question is whether the combo has significant direct market overlap that triggers substantial competition concerns.


RPMGlobal (RUL AU): Caterpillar Firms A$5/Share Offer