TORONTO, Sept. 26 /CNW/ - Standard & Poor's Canadian Index Operations announces the following index changes:
- On September 24, 2007, Teck Cominco Limited (TSX:TCK.B) announced
that it had acquired 16.65 million units of Fording Canadian Coal
Trust (TSX:FDG.UN) from the Ontario Teachers Pension Plan Board. This
acquisition of Fording units takes Teck's holdings to approximately
29.5 million units, or 19.95% of the outstanding units of Fording.
The relative weight of Fording will decrease in the S&P/TSX Composite
and Capped Composite, the S&P/TSX Income Trust, the S&P/TSX 60 and 60
Capped, the S&P/TSX Capped Materials and Capped Diversified Metals &
Mining and the S&P/TSX Global Mining Indices to reflect the reduction
of the number of index units as part of the transaction, which will
be effective after the close on Monday, October 1, 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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