Carlisle jumps after report on rejecting Kingspan Group's buyout proposal

Carlisle Companies

11/09/2023 15:39

** Shares of construction materials manufacturer Carlisle
 CSL.N  rise 7.8% to $270.83
    ** Carlisle rejects Ireland-based Kingspan Group's  KSP.I 
informal approach to combine the companies, Bloomberg News
reports
    ** However, Carlisle signaled it would be open to at least
reviewing a more attractive offer, report says
    ** CSL was valued at $12.55 bln up to Friday's close, after
rising 6.7% YTD

 (Reporting by Medha Singh)
 ((medha.singh@thomsonreuters.com))