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

September 12, 2016 10:10 AM EDT

Get access to the best calls on Wall Street with's Ratings Insider Elite. 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 Premium Free!

You May Also Be Interested In

Related Categories

Mergers and Acquisitions, Rumors

Related Entities

Definitive Agreement

Add Your Comment