Who is buying Janus Henderson?

Nelson Peltz's Trian Fund Management, in partnership with General Catalyst, is acquiring Janus Henderson.

What is the total value of the Janus Henderson acquisition?

The acquisition of Janus Henderson is valued at $7.4 billion.

When is the Janus Henderson acquisition expected to be completed?

The deal to acquire Janus Henderson is anticipated to close by mid-2026.

Home / Business and Economy / Peltz Buys Janus Henderson: A $7.4B Deal

Peltz Buys Janus Henderson: A $7.4B Deal

22 Dec

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Summary

Nelson Peltz's Trian partners with General Catalyst for acquisition.
Janus Henderson shareholders to receive $49 per share in cash.
Deal expected to close by mid-2026, ending a 5-year campaign.

Peltz Buys Janus Henderson: A $7.4B Deal

Nelson Peltz's Trian Fund Management has successfully negotiated a $7.4 billion acquisition of asset manager Janus Henderson, partnering with venture capital firm General Catalyst. This agreement marks the culmination of a prolonged activist campaign initiated over five years ago by Peltz's influential hedge fund.

Shareholders of Janus Henderson are set to receive $49 per share in cash. This valuation represents an 18% premium compared to the stock's closing price on October 24, the last trading day before the initial proposal from Trian and General Catalyst was disclosed. Other key investors in this consortium include the Qatar Investment Authority and Sun Hung Kai & Co.

The transaction, which is expected to be completed by mid-2026, will take Janus Henderson private. This significant deal reshapes the asset management landscape and brings a close to a notable period of shareholder activism.