NEW YORK, Jan. 23, 2015 /PRNewswire/ -- HCA Holdings Inc. (NYSE: HCA) will replace Safeway Inc. (NYSE: SWY) in the S&P 500 after the close of trading on Monday, January 26. A group led by Cerberus Capital Management L.P. is acquiring Safeway in a transaction expected to be completed soon, pending final approvals.
HCA Holdings owns, operates, or manages hospitals, freestanding surgery centers and various other facilities. Headquartered in Nashville, TN, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Health Care Facilities Sub-Industry index.
Following is a summary of the change:
S&P 500 INDEX – January 26, 2015 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
HCA Holdings |
Health Care |
Health Care Facilities |
DELETED |
Safeway |
Consumer Staples |
Food Retail |
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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