A Deletion from the S&P/TSX Composite Index and S&P/TSX Canadian Dividend Aristocrats Index
TORONTO, Oct. 16, 2018 /CNW/ - S&P Dow Jones Indices Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:
The shareholders of Enercare Inc. (TSX:ECI) have agreed to the terms of a Plan of Arrangement resulting in acquisition by Brookfield Infrastructure. Each share of Enercare will receive $CDN29.00 for consideration. Enercare shares will be removed from all S&P/TSX indices where the stock is a constituent prior to the open of trading on Thursday, October 18, 2018.
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S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has become home to over 1,000,000 indices across the spectrum of asset classes that have helped define the way investors measure and trade the markets.
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SOURCE S&P Dow Jones Indices LLC.
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