TORONTO, May 17 /CNW/ - Standard & Poor's Canadian Index Operations announces the following index changes:
- Fortis Inc. (TSX:FTS) has announced the closing of the acquisition of the natural gas distribution assets of Terasen Inc. from Kinder Morgan Inc.. The relative weight of Fortis Inc. will increase in the S&P/TSX Composite and Capped Composite, the S&P/TSX Completion and Equity Completion, S&P/TSX Capped Utilities, S&P/TSX Equity and Capped Equity indices to reflect the issuance of shares as part of the transaction, which will be effective after the close of Friday, May 25, 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.
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