Why the Redbubble (ASX:RBL) share price could charge higher today

The Redbubble Ltd (ASX: RBL) share price will be one to watch on Monday morning.

This follows the release of an announcement by S&P Dow Jones Indices after the market close on Friday.

What was announced?

On Friday, S&P Dow Jones Indices announced that it would be removing beverage giant Coca-Cola Amatil Limited (ASX: CCL) from the benchmark S&P/ASX 200 Index (ASX: XJO).

This follows news that the independent shareholders of Coca-Cola Amatil have voted in favour of the takeover offer by Coca-Cola European Partners (CCEP).

That offer sees the European bottler acquire Coca-Cola Amatil all the shares in Coca-Cola Amatil held by independent…