Goldman Sachs to expand ETF offerings with acquisiton of US ETF provider NEOS investments in $2.25 billion deal

Top U.S. banking and investment firm, Goldman Sachs, has agreed a deal to purchase NEOS Investments, a Connecticut firm that runs options-based income ETFs, in a cash-and-equity deal worth up to $2.25 billion. The transaction, announced Wednesday, deepens Goldman Sachs’ push into one of asset management’s fastest-growing corners and lands the firm among the ten...