Goldman Sachs to Acquire ETF Provider Neos in $2.3 Billion Deal

🇺🇸 Bloomberg (US) —

AI Summary

Goldman Sachs has announced plans to acquire ETF provider Neos Investments in a deal valued at up to $2.25 billion. This acquisition aims to expand Goldman Sachs' presence in the actively managed exchange-traded fund market.

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)

Markets Deals AI & Tech Goldman Sachs Neos Investments ETF market acquisition finance deal exchange-traded funds

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