Caesarstone, Kamada sell shares as Wall Street soars
NYSE stock indices are setting new records and Israeli companies are anxious to join the celebration.
Some 7.8 million shares in Caesarstone Sdot Yam, the maker of kitchen countertops, were sold on Thursday by its two biggest shareholders, Tene Investment Fund and Kibbutz Sdot Yam, for a combined $181 million. The sale, equal to a 23% stake in the company, came just a year after Caesarstone's initial public offering.
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