Goldman Sachs to acquire Neos Investments in deal worth up to $2.25 billion

Goldman Sachs is expanding its ETF presence through the acquisition of Neos Investments. The deal is valued at approximately $2.25 billion, with some reports citing the figure as $2.3 billion. This strategic move allows Goldman Sachs to deepen its push into the ETF market by integrating the specialized capabilities of Neos. The acquisition represents a significant investment by the firm to strengthen its asset management offerings and increase its competitive edge within the ETF sector.