NEW YORK, Oct. 21, 2013 /PRNewswire/ -- Transocean
Ltd. (NYSE:RIG) will replace Dell Inc. (NASD:DELL) in the S&P
500 after the close of trading on Monday,
October 28. Founder Michael
Dell and Silver Lake Partners are acquiring Dell in a deal
expected to be completed soon pending final conditions.
Transocean provides offshore contract drilling services for oil
and gas wells. Headquartered in Zug, Switzerland, the company will be added to the
S&P 500 GICS (Global Industry Classification Standard) Oil
& Gas Drilling Sub-Industry index.
Following is a summary of the change:
|
S&P 500 INDEX
– October 28, 2013
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Transocean
|
Energy
|
Oil & Gas
Drilling
|
|
DELETED
|
Dell
|
Information
Technology
|
Computer
Hardware
|
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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