Illumina Set to Join the S&P 500

Nov 12, 2015, 18:44 ET from S&P Dow Jones Indices

NEW YORK, Nov. 12, 2015 /PRNewswire/ -- Illumina Inc. (NASD:ILMN) will replace Sigma-Aldrich Corp. (NASD:SIAL) in the S&P 500 after the close of trading on Wednesday, November 18. Merck KGaA is acquiring Sigma-Aldrich in a deal expected to be completed on or about that date pending final conditions.

Illumina provides sequencing and array-based solutions for genetic analysis.  Headquartered in San Diego, CA, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Life Science Tools & Services Sub-Industry index.

Following is a summary of the change:

S&P 500 INDEX – November 18, 2015


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Illumina

Health Care

Life Sciences Tools & Services

DELETED

Sigma-Aldrich

Materials

Specialty Chemicals

 

Additions to and deletions from S&P  Dow Jones Indices do not in any way reflect an opinion on the investment merits of the companies involved.

For more information about S&P Dow Jones Indices, please visit www.spdji.com

About S&P Dow Jones Indices
S&P Dow Jones Indices LLC, a part of McGraw Hill Financial, is the world's largest, global resource for index-based concepts, data and research. Home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®, S&P Dow Jones Indices LLC has over 115 years of experience constructing innovative and transparent solutions that fulfill the needs of investors. More assets are invested in products based upon our indices than any other provider in the world. With over 1,000,000 indices covering a wide range of asset classes across the globe, S&P Dow Jones Indices LLC defines the way investors measure and trade the markets. To learn more about our company, please visit www.spdji.com.

S&P® is a registered trademark of Standard & Poor's Financial Services LLC ("S&P"), a part of McGraw Hill Financial. Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"). These trademarks have been licensed to S&P Dow Jones Indices LLC. It is not possible to invest directly in an index. S&P Dow Jones Indices LLC, Dow Jones, S&P and their respective affiliates (collectively "S&P Dow Jones Indices") do not sponsor, endorse, sell, or promote any investment fund or other investment vehicle that is offered by third parties and that seeks to provide an investment return based on the performance of any index. This document does not constitute an offer of services in jurisdictions where S&P Dow Jones Indices does not have the necessary licenses. S&P Dow Jones Indices receives compensation in connection with licensing its indices to third parties.

S&P DJI MEDIA CONTACTS:

David Blitzer
Managing Director and Chairman of Index Committee
New York, USA
(+1) 212 438 3907
david.blitzer@spdji.com

David R. Guarino
Head of Communications
New York, USA
(+1) 212 438 1471
dave.guarino@spdji.com

 

SOURCE S&P Dow Jones Indices



RELATED LINKS

http://www.spdji.com