When a company leaves the SMAX segment, it is automatically dropped from the SDAX, the blue-chip index for German SMAX companies. As of the same date, Bien-Haus AG will be replaced in the SDAX by Köhler & Krenzer Fashion AG. Deutsche Börse had decided in favor of this company on June 26 as a replacement candidate in the event of changes due to the planned takeover of Dresdner Bank AG by Allianz AG and of Ergo AG by Münchener Rückversicherungs-Gesellschaft AG (Munich Re). The second company to move up in the SDAX - after Medisana AG, also chosen on June 26 - will be CEAG AG.
FTSE Mondo Visione Exchanges Index:
Index Change In SDAX - Bien-Haus AG To Leave SMAX Segment As Of July 9
Date 04/07/2001