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Goldman Sachs boosts Europe footprint with $1.9 billion NN Investment Partners buy

By: MarketWatch

August 19, 2021 at 12:19 PM EDT

Goldman Sachs Group Inc. joined the consolidation wave in the asset management business by announcing plans Thursday to pay about $1.9 billion for Dutch money manager NN Investment Partners from seller NN Group N.V.

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Goldman Sachs boosts Europe footprint with $1.9 billion NN Investment Partners buy