TORONTO, Aug. 22 /CNW/ - Standard & Poor's Canadian Index Operations
announces the following index changes:
- The shareholders of Aur Resources Inc. (TSX:AUR) have accepted the
cash and share offer from Teck Cominco Ltd. (TSX:TCK.B). Aur
Resources will be removed from the S&P/TSX Composite and Capped
Composite, the S&P/TSX Equity, Capped Equity and Equity Completion,
the S&P/TSX Completion, the S&P/TSX Global Mining, the S&P/TSX Capped
Diversified Metals & Mining and the S&P/TSX Capped Materials Indices.
The relative weight of Teck Cominco will increase in the S&P/TSX
Composite and Capped Composite, the S&P/TSX Equity, Capped Equity and
Equity 60, the S&P/TSX 60 and 60 Capped, the S&P/TSX Global Mining,
the S&P/TSX Capped Diversified Metals & Mining and the S&P/TSX Capped
Materials Indices to reflect the issuance of shares as part of the
transaction, which will be effective after the close on Thursday,
August 23, 2007.
- On August 15, 2007, unitholders of Dundee REIT (TSX:D.UN) approved
the sale of the company's Eastern Portfolio of assets to GE Real
Estate. Dundee REIT will continue to own assets in Western Canada.
The relative weight of Dundee REIT will decrease in the S&P/TSX
Composite and Capped Composite, the S&P/TSX Completion and SmallCap,
the S&P/TSX Capped REIT and Capped Real Estate and the S&P/TSX Income
Trust indices to reflect the reduction of units as part of the
transaction. The transaction will be effective after the close on
Friday, August 24, 2007.
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.
About Standard & Poor's
Standard & Poor's, a division of The McGraw-Hill Companies (NYSE: MHP), is
the world's foremost provider of financial market intelligence, including
independent credit ratings, indices, risk evaluation, investment research and
data. With approximately 7,500 employees, including wholly owned affiliates,
located in 21 countries, Standard & Poor's is an essential part of the world's
financial infrastructure and has played a leading role for more than 140 years
in providing investors with the independent benchmarks they need to feel more
confident about their investment and financial decisions. For more
information, visit http://www.standardandpoors.com.
Founded in 1888, The McGraw-Hill Companies is a leading global
information services provider meeting worldwide needs in the financial
services, education and business information markets through leading brands
such as Standard & Poor's, BusinessWeek, McGraw-Hill Education and J.D. Power
and Associates. The Corporation has more than 240 offices in 36 countries.
Sales in 2005 were $6.0 billion. Additional information is available at
For further information:
For further information: Tony North, Tel. (416) 507-3200, sp_index@
standardandpoors.com; Dave Guarino, (212) 438-1471,