Carter'S, Inc. shares rise 2.04% after-hours following acquisition by Aarque, a subsidiary of BJ Ball Limited.

Carter'S, Inc. rose 2.04% in after-hours trading, following the announcement that Aarque, a subsidiary of BJ Ball Limited, has acquired the operations of Carter. This acquisition aims to strengthen Aarque's position in the sign and display business in New Zealand, particularly in the wide-format digital printing sector for apparel. The integration is part of the Japan Pulp & Paper Group's strategy to enhance its various business areas and pursue further growth.