NEW YORK, Aug. 12, 2015 /PRNewswire/ -- Care Capital Properties Inc. (NYSE:CCPwi) will replace Omnicare Inc. (NYSE:OCR) in the S&P MidCap 400 after the close of trading on Monday, August 17. S&P 500 constituent Ventas Inc. (NYSE:VTR) is spinning off Care Capital Properties in a transaction expected to be competed on that date. Omnicare is being acquired by S&P 100 & 500 constituent CVS Health Corp. (NYSE:CVS) in a deal expected to be completed on August 18.

Care Capital Properties owns, acquires and leases skilled nursing facilities and other healthcare assets.  Headquartered in Chicago, IL, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Health Care REITs Sub-Industry index.

Following is a summary of the change:

S&P MidCap 400 INDEX – August 17, 2015


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Care Capital Properties

Financials

Health Care REITs

DELETED

Omnicare

Health Care

Health Care Services

 

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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David Blitzer
Managing Director and Chairman of the Index Committee
S&P Dow Jones Indices
(+1) 212 438 3907
david.blitzer@spdji.com 

David R. Guarino
Communications
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(+1) 212 438 1471
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SOURCE S&P Dow Jones Indices

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