ARES

Ares Management To Replace Kellanova In S&P 500

(RTTNews) - S&P Dow Jones Indices, a division of S&P Global (SPGI), announced that Ares Management (ARES) will replace Kellanova (K) in the S&P 500 effective prior to the open of trading on Thursday, December 11.

Mars Inc. is acquiring Kellanova in a deal expected to close soon, pending final closing conditions.

S&P noted that Vital Farms Inc. (VITL) will replace Heidrick & Struggles Intl Inc. (HSII) in the S&P SmallCap 600 effective prior to the opening of trading on Thursday, December 11. Advent International and Corvex Private Equity are acquiring Heidrick & Struggles Intl in a deal expected to be completed soon, pending final closing conditions.

Sezzle Inc. (SEZL) will replace Vital Energy Inc. (VTLE) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, December 15. S&P SmallCap 600 constituent Crescent Energy Co. (CRGY) is acquiring Vital Energy in a deal expected to close soon, pending final closing conditions.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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