- Kibbutz Sdot-Yam, the founder and largest shareholder of Caesarstone Sdot-Yam (CSTE +0.4%) with an approximate 32.4% equity stake, has sent the following letter to CSTE shareholders to correct inaccuracies made by Caesarstone management in its Nov. 18 investor presentation.
- The move is the latest war of words between the two parties, which are locked in a heated proxy fight.
- The letter is available here
- Previously: ISS backs Caesarstone in proxy fight (Nov. 20 2015)
- Previously: Caesarstone proxy fight heats up (Nov. 13 2015)