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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