secwatch.observer — SEC 8-K summary
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Issuer:     CARLISLE COMPANIES INC (CSL)
CIK:        0000790051
Form:       8-K
Filed at:   2023-06-16T23:59:59+00:00
Accession:  0000790051-23-000128
Event type: m_and_a
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carlisle to sell Fluid Technologies segment to Lone Star Funds for $520M
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- Cash consideration of $520M, subject to customary purchase price adjustments; expected close Q3 2023.
- CFT segment reported $297M revenue in 2022; sale aligns with Carlisle's Vision 2025 strategy to focus on construction materials.
- Approximately 825 CFT employees; buyer is an affiliate of private equity firm Lone Star Funds.
- Financing for buyer includes debt commitment and equity commitment from a Lone Star affiliate; termination fee provisions apply.
- Transaction subject to regulatory approvals and other customary closing conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/790051/000079005123000128/0000790051-23-000128-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/790051/000079005123000128/csl-20230614.htm
  HTML page:      https://secwatch.observer/filing/0000790051-23-000128

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