Business
Trian and General Catalyst Agree to Increase Merger Consideration to $52.00 Per Share in Cash for Janus Henderson Group plc and Have Made the Only Actionable Proposal
LONDON, March 24, 2026--Janus Henderson Group plc (NYSE: JHG; "Janus Henderson," or the "Company") announced that Trian Fund Management, L.P. and its affiliated funds ("Trian"), General Catalyst Group Management, LLC and its affiliated funds ("General Catalyst") and the Company have amended their definitive agreement for the pending acquisition of Janus Henderson to increase the price to be paid to Janus Henderson shareholders to $52.00 per share in cash (the "Merger Agreement Amendment"). In ad
About this update from Janus Henderson Group Plc
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":1024,"height":331,"url":"https://media.zenfs.com/en/business-wire.com/c83031e52af176a8d2cdcaafd8edb88c"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/8OhKJtA_a1qHGFSFg2tJuA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTMxMA--/https://media.zenfs.com/en/business-wire.com/c83031e52af176a8d2cdcaafd8edb88c","width":960,"height":310},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/EWVU8XhMoyfs_FDGkp4zeA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIwNDg7aD02NjI-/https://media.zenfs.com/en/business-wire.com/c83031e52af176a8d2cdcaafd8edb88c","width":1024,"height":331}},"lazy":false},{"type":"text","content":"Amended Merger Agreement Represents a $3.00 All-Cash Price Increase; 25% Premium to Unaffected Share Price; Parties Committed to Closing by Mid-2026","length":148,"tagName":"p","attribs":{}},{"type":"text","content":"Special Committee Determines that Victory Capital’s Revised Unsolicited March 17, 2026 Proposal Is Not Actionable and Is Not in Best Interests of Janus Henderson and Its Shareholders","length":182,"tagName":"p","attribs":{}},{"type":"text","content":"Amended Merger Agreement’s All-Cash Transaction With Trian and General Catalyst Is Superior From an Expected Value and Certainty Perspective and Is the Only Actionable Proposal","length":176,"tagName":"p","attribs":{}},{"type":"text","content":"LONDON, March 24, 2026--(BUSINESS WIRE)--Janus Henderson Group plc (NYSE: JHG; "Janus Henderson," or the "Company") announced that Trian Fund Management, L.P. and its affiliated funds ("Trian"), General Catalyst Group Management, LLC and its affiliated funds ("General Catalyst") and the Company have amended their definitive agreement for the pending acquisition of Janus Henderson to increase the price to be paid to Janus Henderson shareholders to $52.00 per share in cash (the "Merger Agreement Amendment"). In addition, if the transaction has not been completed by June 30, 2026 because of a delay in regulatory approvals, Janus Henderson will be permitted to pay a $1.00 per share dividend in each quarter between July 1, 2026 and the closing. The revised agreement provides enhanced value to Janus Henderson shareholders and continues to provide the fastest path to closing an...