Goldman Sachs is set to buy Dutch insurance group NN’s asset management division for some €1.7bn – the
The deal for asset management arm
“This acquisition allows us to accelerate our growth strategy and broaden our asset management platform,” Solomon said in a statement.
NNIP, which has
Some 900 NNIP employees will join Goldman – with
Goldman will in turn provide asset management services to the NN group on an investment portfolio worth
“The combined investment expertise and scale will enhance the service offering to NN Investment Partners’ clients, including
The post Goldman Sachs doubles managed assets to over
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