East Perth-based Fortescue Metals Group Ltd will join the S&P/ASX 100, when Alinta is removed on August 17, after the company is fully acquired by a Babcock & Brown and Singapore Power consortium.

East Perth-based Fortescue Metals Group Ltd will join the S&P/ASX 100, when Alinta is removed on August 17, after the company is fully acquired by a Babcock & Brown and Singapore Power consortium.