HealthFortuneabout 2 hours ago
Goldman Sachs buys Neos in $2.25B ETF deal
2 min read
Goldman Sachs Group Inc. will pay up to $2.25 billion to acquire Neos Investments, expanding its actively managed ETF lineup. The cash-and-equity deal adds Neos's nearly two dozen options-based income ETFs with $32 billion in assets, pushing Goldman's ETF assets to about $130 billion.
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