S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
A Deletion from the S&P/TSX Global Mining Index
TORONTO, July 14, 2015 /CNW/ - S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:
The shareholders of RTI International Metals Inc. (NYSE:RTI) are expected to accept the terms of a merger transaction with Alcoa Inc. (NYSE:AA). RTI International Metals shareholders will receive 2.8315 shares of Alcoa for each share held. RTI International Metals will be removed from the S&P/TSX Global Mining, Global Base Metals and Equal Weight Global Base Metals Indices after the close of trading on Wednesday, July 22, 2015. The relative weight of Alcoa will increase in the same indices to reflect the issuance of shares as part of the transaction.
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Contact
Tony North, Director, Canadian Index Operations, S&P Dow Jones Indices, (+) 416 507 3204, tony.north@spdji.com; David Blitzer, Managing Director and Chairman of the Index Committee, S&P Dow Jones Indices, (+) 212 438 3907, david.blitzer@spdji.com