Goldman Sachs Group Inc.'s agreement to purchase Neos Investments for up to $2.25 billion signals a new phase in the competitive ETF market, with firms paying premiums for specialist companies finding growth beyond traditional low-fee giants.

Goldman Sachs announced its intent to acquire NEOS Investments in a deal valued at up to $2.25 billion. This acquisition aims to expand Goldman Sachs' options-based ETF lineup.

Goldman Sachs has completed a $2.3 billion deal to acquire NEOS Investments, expanding its portfolio in the investment sector.

Goldman Sachs is set to acquire Neos Investments in a deal valued at up to $2.25 billion, expanding its investment portfolio.