🏹WisdomTree to Buy ETF Securities’ European Unit

🏹WisdomTree to Buy ETF Securities’ European Unit .

WisdomTree Investments, Inc., a U.S.-listed exchange-traded fund (ETF) manager, has reached an agreement with London-based ETF Securities to acquire its European platform in exchange for US$ 253 million in cash and 30 million WisdomTree shares, for a total consideration valued at US$ 611 million, according to a statement released November 13, 2017.

https://www.swfinstitute.org/swf-news/wisdomtree-to-buy-etf-securities-european-unit/