Markets SPGI

Corebridge Financial To Replace Allete In S&P MidCap 400

(RTTNews) - S&P Dow Jones Indices, a division of S&P Global (SPGI), announced that Corebridge Financial Inc. (CRBG) will replace Allete Inc. (ALE) in the S&P MidCap 400 effective prior to the open of trading on Wednesday, December 17.

Canada Pension Plan Investment Board and Global Infrastructure Partners are acquiring Allete in a deal expected to close soon, pending final closing conditions.

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