
Victory Capital sparks bidding war with offer for Janus Henderson
The cash-and-stock offer is aimed at trumping an agreed deal led by Nelson Peltz’s Trian Fund Management
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The cash-and-stock offer is aimed at trumping an agreed deal led by Nelson Peltz’s Trian Fund Management
Victory Capital has submitted a superior proposal to acquire Janus Henderson, indicating a potential merger or acquisition in the financial sector.
A bidding war for Janus has commenced, with Victory Capital submitting an offer that surpasses Trian's proposal.
A bidding war for Janus Henderson Group Plc broke out Thursday as Victory Capital Holdings Inc. offered to buy the money manager for $57.04 a share, in a move that topped a previous offer from Nelson Peltz’s Trian Fund Management.