NEW YORK, Dec. 12, 2025 /PRNewswire/ — Corebridge Financial Inc. (NYSE: CRBG) will replace Allete Inc. (NYSE: 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.
Following is a summary of the change that will take place prior to the open of trading on the effective date:
|
Effective Date |
Index Name |
Action |
Company Name |
Ticker |
GICS Sector |
|
Dec 17, 2025 |
S&P MidCap 400 |
Addition |
Corebridge Financial |
CRBG |
Financials |
|
Dec 17, 2025 |
S&P MidCap 400 |
Deletion |
Allete |
ALE |
Utilities |
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