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Sabre Set to Join S&P MidCap 400

SABR, SPGI

PR Newswire

NEW YORK, April 13, 2017 /PRNewswire/ -- Sabre Corp. (NASD: SABR) will replace B/E Aerospace Inc. (NASD: BEAV) in the S&P MidCap 400, effective prior to the open on Wednesday, April 19. S&P 500 constituent Rockwell Collins Inc. (NYSE: COL) is acquiring B/E Aerospace in a deal expected to close today.

Sabre Corp. provides technology solutions to the travel and tourism industry. Headquartered in Southlake, TX, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Data Processing & Outsourced Services Sub-Industry index.

Following is a summary of the change:

S&P MIDCAP 400 INDEX – APRIL 19, 2017


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Sabre

Information Technology

Data Processing & Outsourced Services

DELETED

B/E Aerospace

Industrials

Aerospace & Defense

For more information about S&P Dow Jones Indices, please visit www.spdji.com

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than based on any other provider in the world. With over 1,000,000 indices and more than 120 years of experience constructing innovative and transparent solutions, S&P Dow Jones Indices defines the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.

FOR MORE INFORMATION:

Soogyung Jordan
Global Head of Communications
New York, USA
(+1) 212 438 2297
soogyung.jordan@spglobal.com

David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
david.blitzer@spglobal.com

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/sabre-set-to-join-sp-midcap-400-300439718.html

SOURCE S&P Dow Jones Indices



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