Overview
- Shareholders will receive $49 per share in cash, valuing Janus Henderson at about $7.4 billion with a 6.5% premium to Friday’s close and 18% above Oct. 24.
- Closing is targeted for mid-2026, pending regulatory approvals, required client consents, and a shareholder vote.
- An independent Special Committee of directors evaluated the bid and unanimously recommended it, after which the board approved the agreement.
- Financing will be provided by vehicles managed by Trian and General Catalyst with additional backing from Qatar Investment Authority, Sun Hung Kai & Co., and MassMutual, and Trian will roll over its existing stake.
- As a private company, Janus Henderson will remain led by CEO Ali Dibadj and retain key offices in London and Denver, while Trian’s involvement dates to 2020 with a 20.6% stake and board representation since 2022.