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Chime Financial to Replace NorthWestern Energy in S&P MidCap 400

Chime Financial Inc. will join the S&P MidCap 400 before trading opens Wednesday, November 18, replacing NorthWestern Energy Group Inc. The change follows Black Hills Corp.’s acquisition of NorthWestern, which is expected to be completed on November 13, according to S&P Dow Jones Indices.

Chime Financial to Replace NorthWestern Energy in S&P MidCap 400

Chime Financial, listed as CHYM, will enter the index in the Financials sector. NorthWestern Energy Group, ticker NWE, is classified in Utilities and will be removed on the same effective date.

Black Hills, an existing S&P MidCap 400 constituent, is acquiring NorthWestern in a deal expected to close on November 13. After the merger, the combined company will remain in the index and take the name Bright Horizon Energy Corp., with the ticker HZN.

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