Invesco Moves to Buy Guggenheim’s ETF Business

Posted on 09/29/2017


Invesco Ltd. revealed that they agreed to purchase the exchange-traded fund business of Guggenheim Investments for US$ 1.2 billion in a cash-and-debt deal. Specifically, Invesco is acquiring the ETF business of Guggenheim by acquiring all of the membership interests of Accretive Asset Management, LLC and Guggenheim Specialized Products, LLC, each of which is a subsidiary […]