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September 01, 2020 10:18am
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WisdomTree Buys ETF Securities’ Europe Business

WisdomTree has taken on a more aggressive stance in the Europe ETF industry, acquiring the European side of ETF Securities, a London-based ETF issuer. ETF Securities has agreed to sell its European business to WisdomTree for $611 million in cash and shares, which represents a multiple of 15.7x...
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