What is Victory Capital's latest offer for Janus Henderson?

Victory Capital's revised offer includes $40 in cash and 0.25 of its shares for each Janus share.

Did Janus Henderson accept the initial offer from Victory Capital?

No, Janus Henderson rejected Victory Capital's prior $8.6 billion cash-and-stock offer, deeming it not superior to the Trian-led deal.

Who else is attempting to acquire Janus Henderson?

Janus Henderson had agreed to a $7.4 billion all-cash buyout by Trian and General Catalyst.

Home / Business and Economy / Victory Capital Ups Rival Bid Amid Deal Battle

Victory Capital Ups Rival Bid Amid Deal Battle

17 Mar

•

Summary

Victory Capital submitted a revised offer for Janus Henderson.
The new offer increases the cash component for Janus shares.
Janus previously rejected an $8.6 billion offer from Victory Capital.

Victory Capital Ups Rival Bid Amid Deal Battle

Victory Capital submitted a revised offer for Janus Henderson on March 17, 2026. This latest proposal aims to challenge the asset manager's agreement to be taken private by Nelson Peltz's Trian and General Catalyst. Victory Capital has increased the cash portion of its offer, now proposing $40 in cash and 0.25 of its own shares for each Janus share. This follows Janus Henderson's rejection of Victory Capital's earlier $8.6 billion cash-and-stock offer, which the company stated was not superior to the Trian-led deal.

Earlier in December, Janus Henderson had agreed to a $7.4 billion all-cash buyout. This agreement came after a five-year activist campaign spearheaded by Nelson Peltz. The current revised offer from Victory Capital represents a significant escalation in the efforts to acquire Janus Henderson.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.