- Deutsche Börse AG (Germany, SEDOL 7021963, GICS: Financials, GICS Code: 40201040) will replace Gucci Group NV (Netherlands, SEDOL 4655053) in the S&P Europe 350, S&P Euro Plus and S&P Euro Indices after the close of trading on Tuesday, May 04, 2004. Gucci Group NV is being deleted from the S&P Europe 350, S&P Euro Plus and S&P Euro indices following the successful completion of an all-cash tender offer by its major shareholder, and S&P Europe 350 constituent, Pinault-Printemps-Redoute SA. Together with the Gucci shares already owned, PPR now holds approximately 99.23% of the total number of Gucci shares outstanding.
Following is a summary of the announced changes:
S&P Europe 350, S&P Euro Plus, S&P Euro– close of trading 04 May, 2004 | |||
COMPANY | GICS ECONOMIC SECTOR | GICS SUB-INDUSTRY | |
ADDED | Deutsche Börse AG | Financials | Specialised Finance |
DELETED | Gucci Group NV | Consumer Discretionary | Apparel, Accessories & Luxury Goods |
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