S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
A Substitution in the S&P/TSX Composite Index
TORONTO, March 20, 2014 /CNW/ - S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:
The shareholders of Brookfield Office Properties Inc. (TSX:BPO) have agreed to an Offer to Purchase from Brookfield Property Partners LP (TSX:BPY.UN). Brookfield Property Partners will acquire all the shares of Brookfield Office Properties that it does not already own. Terms of the transaction are one unit of Brookfield Property Partners or $US20.34 cash for each share of Brookfield Office Properties held. Brookfield Office Properties will be removed from the S&P/TSX Composite, Capped Composite and Composite Equal Weight, the S&P/TSX Completion, the S&P/TSX Composite Dividend and the S&P/TSX Capped Real Estate Indices after the close of trading on Thursday, March 27, 2014. Brookfield Property Partners will be added to the same indices at the same time. Brookfield Property Partners will also be added to the S&P/TSX Income Trust Index at the same time.
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SOURCE S&P Dow Jones IndicesFor further information:
Director, Canadian Index Operations
S&P Dow Jones Indices
(+) 416 507 3204
Managing Director and Chairman of the Index Committee
S&P Dow Jones Indices
(+) 212 438 3907