Goldman Sachs buys Dutch money manager in $1.9 billion deal
The acquisition of NN Investment Partners boosts the bank's European ties and gives it a toehold in the sustainable investing industry; about three-quarters of NN's investments are backed by ESG criteria.
Goldman Sachs Group Inc. agreed to buy the asset management arm of Dutch insurer NN Group as the bank grabs a toehold in the fast-growing sustainable investing industry and boosts its European ties.
The bank will pay about 1.6 billion euros ($1.9 billion) for NN Investment Partners, according t
Learn more about reprints and licensing for this article.
