Following the official result of the takeover bid by the French company Ristretto SAS for the French company Algeco (Next 150), Algeco will be removed from the Next 150 Index effective Thursday 11 November 2004.
In accordance with the rules of the Next 150 Index the removed company will not be replaced immediately, but at the next quarterly review (effective 3 January 2005). As of Thursday 11 November 2004, the Next 150 Index will consist of 148 companies.
Information/Isin codes
Information about Algeco:
Isin code: FR0004126027
Mkt cap: 473 million Euro
Index: removed from Next 150 Index effective Thursday 11 November 2004
The Euronext 100 Index and Next 150 Index have been published since 2 October 2000. They are made up of the 250 securities with the highest market capitalisations traded on the official markets of Euronext. In order to be included in the indices the securities must meet liquidity criteria that are specified in the rules of the indices. Euronext Indices B.V. is the compiler of the indices under the supervision of the independent Euronext Indices Steering Committee.