S&P: Ensco to Replace Goodrich on S&P 500 Index

By Chris Dieterich

NEW YORK--Ensco PLC (ESV) will take Goodrich Corp.'s (GR) spot on the Standard & Poor's 500-stock index, a change scheduled to take effect as of Monday's closing bell, according to S&P Dow Jones Indices.

London's Ensco, which provides offshore-drilling services with a market capitalization of $11.9 billion, will be added following United Technologies Corp.'s (UTX) $16.5 billion acquisition of Goodrich, an aircraft-components maker.

The deal, one of the largest in recent years within the aerospace industry, closed Thursday after European Union regulators granted conditional approval. Earlier this year, the regulators initiated a probe into the merger over antitrust concerns.