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Illumina Set to Join the S&P 500

November 12, 2015 6:44 PM EST

NEW YORK, Nov. 12, 2015 /PRNewswire/ -- Illumina Inc. (NASD: ILMN) will replace Sigma-Aldrich Corp. (NASD: SIAL) in the S&P 500 after the close of trading on Wednesday, November 18. Merck KGaA is acquiring Sigma-Aldrich in a deal expected to be completed on or about that date pending final conditions.

Illumina provides sequencing and array-based solutions for genetic analysis.  Headquartered in San Diego, CA, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Life Science Tools & Services Sub-Industry index.

Following is a summary of the change:

S&P 500 INDEX – November 18, 2015

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Illumina

Health Care

Life Sciences Tools & Services

DELETED

Sigma-Aldrich

Materials

Specialty Chemicals

 

Additions to and deletions from S&P  Dow Jones Indices do not in any way reflect an opinion on the investment merits of the companies involved.

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S&P DJI MEDIA CONTACTS:

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David R. GuarinoHead of CommunicationsNew York, USA(+1) 212 438 1471[email protected]

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/illumina-set-to-join-the-sp-500-300178159.html

SOURCE S&P Dow Jones Indices



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