Press Releases
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.
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