A Deletion from the S&P/TSX Composite Index and S&P/TSX Canadian Dividend Aristocrats Index
TORONTO, Nov. 8, 2018 /CNW/ - S&P Dow Jones Indices Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:
The shareholders of Enbridge Income Fund Holdings Inc (TSX: ENF) and Enbridge Inc. (TSX:ENB) have agreed to the terms of a Plan of Arrangement resulting in the combination of the two companies. Each share of Enbridge Income Fund Holdings will be exchanged for 0.735 shares of Enbridge Inc and CDN$0.45 cash consideration per share. Enbridge Income Fund Holdings will be removed from all S&P/TSX indices where the stock is a constituent prior to the open of trading on Monday, November 12, 2018. The shares outstanding of Enbridge will be increased at the same time to reflect the issuance of shares.
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