(Finance) – FTSE Russell has announced the exclusion Of Civitanavi Systemsa group listed on Euronext Milan and active in the field of inertial navigation and stabilization systems, from FTSE Italia indicesfollowing the success of the voluntary public purchase offer (OPA) launched by Honeywellwith the achievement of a threshold above 90% and the announcement of withdrawal from negotiations (from 26 August).
In particular, the stock is excluded from FTSE Italia Small Cap Index, FTSE Italia All-Share Index, FTSE Italia PIR Mid Small Cap Index, FTSE Italia PIR PMI All Index. The measure is effective from August 20th 2024.