NEW YORK, July 5, 2018 /PRNewswire/ -- Visteon Corp. (NASD: VC) will replace WGL Holdings Inc. (NYSE: WGL) in the S&P MidCap 400 effective prior to the open of trading on Wednesday, July 11. AltaGas Ltd. (TSX: ALA) is acquiring WGL Holdings in a transaction expected to be completed on or about July 6 pending final conditions.
Visteon engineers, designs, and manufactures electronics products for original equipment vehicle manufacturers. Headquartered in Van Buren Township, MI, the company will be added to the S&P MidCap 400 GICS Auto Parts & Equipment Sub-Industry index.
Following is a summary of the change:
S&P MIDCAP 400 INDEX – JULY 11, 2018 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
Visteon |
Consumer Discretionary |
Auto Parts & Equipment |
DELETED |
WGL Holdings |
Utilities |
Gas Utilities |
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