Goldman Sachs Acquires ETF Provider Neos in $2.3 Billion Deal
Goldman Sachs has announced its acquisition of ETF provider Neos Investments in a deal valued at approximately $2.3 billion. This strategic move aims to expand Goldman Sachs' presence and offerings in the active ETF market.
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Goldman Sachs to Acquire ETF Provider Neos in $2.3 Billion Deal
Goldman Sachs Group will pay as much as $2.25 billion to buy Neos Investments, expanding its asset manager’s reach in the actively managed exchange-traded fund market. Bloomberg's Neil Sipes joins to discuss. (Source: Bloomberg)
Read full article →Goldman Sachs to acquire ETF provider Neos for up to $2.3bn
Wall Street bank continues to boost presence in asset management
Read full article →Goldman Sachs to Acquire ETF Provider Neos in $2.3 Billion Deal
Goldman Sachs Group Inc. will pay as much as $2.25 billion to buy Neos Investments, expanding its asset manager’s reach in the actively managed exchange-traded fund market.
By Sridhar Natarajan, Todd Gillespie
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