Janus Henderson Confirms Acquisition Proposal from Trian and General Catalyst
Janus Henderson Group has received a non-binding acquisition proposal from Trian Fund Management and General Catalyst Group Management. The $46-per-share cash offer targets all outstanding ordinary shares not already controlled by Trian.
A special committee of independent directors will evaluate the proposal. Trian, which holds two board seats, first invested in Janus Henderson in 2020. The firm filed the proposal as part of its Schedule 13D disclosure requirements.
No assurances exist regarding a definitive agreement or transaction completion. Janus Henderson maintains it won't comment further unless additional disclosure becomes necessary.