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Sabre Set to Join S&P MidCap 400

NEW YORK, April 13, 2017 /PRNewswire/ -- Sabre Corp. (SABR) will replace B/E Aerospace Inc. (BEAV) in the S&P MidCap 400, effective prior to the open on Wednesday, April 19. S&P 500 constituent Rockwell Collins Inc. (COL) is acquiring B/E Aerospace in a deal expected to close today.

Sabre Corp. provides technology solutions to the travel and tourism industry. Headquartered in Southlake, TX, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Data Processing & Outsourced Services Sub-Industry index.

Following is a summary of the change:

S&P MIDCAP 400 INDEX – APRIL 19, 2017


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Sabre

Information Technology

Data Processing & Outsourced Services

DELETED

B/E Aerospace

Industrials

Aerospace & Defense

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FOR MORE INFORMATION:

Soogyung Jordan
Global Head of Communications
New York, USA
(+1) 212 438 2297
soogyung.jordan@spglobal.com

David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
david.blitzer@spglobal.com

 

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