Caesarstone (CSTE) Gains Following on Reports of Investment from Tene

September 12, 2016 10:10 AM EDT

Get the Pulse of the Market with StreetInsider.com's Pulse Picks. Get your Free Trial here.

Gains in Caesarstone (NASDAQ: CSTE) were tied to reports Tene Investment Funds agreed to acquire 1 million shares from Kibbutz Sdot Yam for $43.5 million, according to Bloomberg. Tene has an option to buy 2 million more shares.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Mergers and Acquisitions, Rumors

Related Entities

Definitive Agreement

Add Your Comment