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Goldman Sachs to acquire NEOS in $2.25B ETF deal

Goldman Sachs has agreed to acquire NEOS Investments for up to $2.25 billion, adding about $30 billion in assets and 19 options-based income ETFs to its asset management business. Summary Goldman Sachs will pay up to $2.25 billion through a cash-and-equity transaction. NEOS managed about $30 billion across 19 ETFs as of June 30. The…

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