Following the official result of the takeover bid by SEMAD in combination with BNP Paribas and the Moulin family for the French company Galeries Lafayette (Next 150), Galeries Lafayette will be removed from the Next 150 Index effective Tuesday 17 May 2005.
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 1 July 2005). As of Tuesday 17 May 2005, the Next 150 Index will consist of 149 companies.
Information/Isin code
Information about Galeries Lafayette:
Isin code: FR0000121246
Mkt cap: 3,144 million Euro
Index: removed from Next 150 Index effective Tuesday 17 May 2005
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.
