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Management Side
Bemis Set to Join S&P 500

NEW YORK (News release)-- S&P MidCap 400 constituent Bemis Company Inc. (NYSE: BMS) will replace Mattel Inc. (NASD: MAT) in the S&P 500, and Mattel will replace Bemis in the S&P MidCap 400 effective prior to the open of trading on Friday, June 7. Amcor Limited (ASX: AMC) is merging with Bemis in a transaction expected to be completed soon pending final conditions. The combined company will be considered US domiciled for index purposes, and Bemis will be treated as the surviving entity. Post merger, the company will be named Amcor plc and will trade on the New York Stock Exchange under ticker symbol "AMCR". Amcor plc will have a projected total market capitalization that is more representative of the large-cap market space. Mattel is ranked near the bottom of the S&P 500 and has a total market capitalization that is more representative of the mid-cap market space.

Bemis manufacturers and sells packaging products. Headquartered in Neenah, WI, the company will be added to the S&P 500 Global Industry Classification Standard (GICS) Paper Packaging Sub-Industry index.

Mattel designs and produces toys and consumer products. Headquartered in El Segundo, CA, the company will be added to the S&P MidCap 400 GICS Leisure Products Sub-Industry index.

Following is a summary of the changes:

S&P 500 INDEX - June 7, 2019

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Bemis

Materials

Paper Packaging

DELETED

Mattel

Consumer Discretionary

Leisure Products

S&P MIDCAP 400 INDEX - June 7, 2019

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Mattel

Consumer Discretionary

Leisure Products

DELETED

Bemis

Materials

Paper Packaging

For more information about S&P Dow Jones Indices, please visit www.spdji.com

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has become home to over 1,000,000 indices across the spectrum of asset classes that have helped define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.


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Onlypulpandpaperjobs.com has taken off like a rocket! Over fifty jobs are posted, in many interesting categories. These jobs are in at least ten different US states. [06.19.19]

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Employers are on board with Onlypulpandpaperjobs.com. There are nearly thirty employers located in fifteen different US states and two other countries. [06.19.19]


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