NEW YORK, Feb. 5, 2019 /PRNewswire/ -- Covetrus Inc. (NASD:CVET) will replace The Dun & Bradstreet Corp. (DNB) in the S&P MidCap 400 effective prior to the open of trading on Monday, February 11. S&P 500 constituent Henry Schein Inc. (HSIC) is spinning off Covetrus in a transaction expected to be completed on February 8. Cannae Holdings Inc. (CNNE) is acquiring The Dun & Bradstreet in a deal expected to close on February 8 pending final conditions. Post spin-off, Henry Schein will remain in the S&P 500.
Covetrus is a technology- enabled animal health business supporting the companion, equine and large-animal veterinary markets. Headquartered in Portland, ME, the company will be added to the S&P MidCap 400 (Global Industry Classification Standard) GICS Health Care Distributors Sub-Industry index.
Following is a summary of the change:
S&P MIDCAP 400 INDEX – February 11, 2019
GICS ECONOMIC SECTOR
Health Care Distributors
Dun & Bradstreet
Research & Consulting Services
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