Caesarstone Rallies on Report Kibbutz Members May Sell StakeBy
Apax, Bain Capital considering purchase, Calcalist reports
Stake in quartz countertop maker valued at $531 million
Caesarstone Sdot-Yam Ltd., the maker of quartz countertops that was founded on a kibbutz, rallied on speculation that private equity firms including Apax Partners LLP and Bain Capital Partners are considering buying the kibbutz members’ 33 percent stake in the company.
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