12.04.2018 23:15:00
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S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
Pure Industrial Real Estate Trust (PIRET) – Deletion from S&P/TSX Composite Index
TORONTO, April 12, 2018 /CNW/ - S&P Dow Jones Indices Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:
The unitholders of Pure Industrial Real Estate Trust - PIRET (TSX:AAR.UN) have agreed to the terms of a Plan of Arrangement with Blackstone Property Partners whereby PIRET will be acquired for a cash consideration of $CDN8.10 per unit. PIRET will be removed from all indices where it is a constituent prior to the open of trading on Tuesday, April 17, 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.
S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.
SOURCE S&P Dow Jones Indices LLC.
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