Visteon Set to Join S&P MidCap 400

NEW YORK, July 5, 2018 /PRNewswire/ -- Visteon Corp. (NASD: VC) will replace WGL Holdings Inc. (NYSE: WGL) in the S&P MidCap 400 effective prior to the open of trading on Wednesday, July 11. AltaGas Ltd. (TSX: ALA) is acquiring WGL Holdings in a transaction expected to be completed on or about July 6 pending final conditions.

Visteon engineers, designs, and manufactures electronics products for original equipment vehicle manufacturers.  Headquartered in Van Buren Township, MI, the company will be added to the S&P MidCap 400 GICS Auto Parts & Equipment Sub-Industry index.

Following is a summary of the change:

S&P MIDCAP 400 INDEX – JULY 11, 2018


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Visteon

Consumer Discretionary

Auto Parts & Equipment

DELETED

WGL Holdings

Utilities

Gas Utilities

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