Goldman Sachs agrees to acquire Neos for up to $2.25 billion
GS Goldman Sachs Group Inc
$1037.21 +0.27%
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- 1Goldman Sachs has agreed to acquire options-income ETF specialist Neos Investments for up to $2.25 billion in a combination of cash and stock
- 2Neos manages $32.4 billion across 19 US-listed ETFs, with its flagship funds QQQI ($13.9 billion) and SPYI ($11.4 billion) accounting for over three-quarters of its assets
- 3With Neos included, Goldman's US ETF assets (about $103 billion) will grow by roughly one-third, propelling it to 14th place among US ETF issuers
This 3-line summary is compiled from the report below.
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