PVH to replace Big Lots in S&P 500;
Apparel company PVH Corp. will replace Big Lots Inc. in the Standard & Poor's 500 Index on a date to be determined later, S&P said in a statement today.
HD Supply, Atlanta, plans to sell its industrial PVF business to Shale-Inland Holdings LLC, an affiliate of investment firms TowerBrook Capital Partners LP and The Stephens Group, LLC. The transaction is expected to close this month, subject to obtaining customary approvals.