TORONTO, Jan. 28 /CNW/ - Standard & Poor's Canadian Index Operations
announces the following index changes:
Brookfield Asset Management Inc. (TSX:BAM.A) has acquired 113.3 million
shares of General Growth Properties Inc. from the Fairholme Fund.
Brookfield Asset Management has issued 27.5 million shares to Fairholme
as part of the payment in the transaction. The relative weight of
Brookfield Asset Management will increase in the S&P/TSX Composite and
Capped Composite, the S&P/TSX Equity and Capped Equity, the S&P/TSX 60,
60 Capped and Equity 60, the S&P/TSX MegaCap, the S&P/TSX Capped Real
Estate and the S&P/TSX Composite Dividend indices to reflect this
issuance of Brookfield shares. There will be no change to the weight of
Brookfield Asset Management in the S&P/TSX 60 Equal Weight or the
S&P/TSX 60 130/30 Strategy Index. These changes will be effective after
close on Friday, February 4, 2011.
Company additions to and deletions from an S&P equity index do not in
any way reflect an opinion on the investment merits of the company.
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