Index Rules

Overview Review Process Eligibility Screens Corporate Events Index Governance

Takeovers, Mergers and Demergers

Select a topic:

Mergers between constituents

If an existing constituent is acquired for eligible shares (or a combination of eligible shares and cash) by another constituent in its own or another country, then the existing constituent is deleted on the effective date of the acquisition. The enlarged company remains a constituent of the same benchmarks within the FTSE Global Equity Index Series as the acquired company.

Mergers between a constituent and non-constituent

Within one country
If an existing constituent is acquired for eligible shares (or a combination of eligible shares and cash) by a quoted non-constituent in the same country, then the purchasing company is added to the same benchmarks within the FTSE Global Equity Index Series as the acquired company on the effective date of the acquisition, if eligible in all other respects. The existing constituent is deleted on the same date
Cross border
If an existing constituent is acquired for eligible shares (or a combination of eligible shares and cash) by a quoted non-constituent in another country, then the relevant FTSE Regional Committee will include the purchasing company in its own country on the effective date, if eligible in all other respects. The existing constituent is deleted on the effective date of the acquisition.