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LONDON - Asset manager Janus Henderson Group plc (NYSE:JHG), currently trading at $41.63 with a market capitalization of $6.5 billion, announced Monday it has received a non-binding acquisition proposal from Trian Fund Management and General Catalyst Group Management to purchase all outstanding shares not already owned by Trian for $46.00 per share in cash. According to InvestingPro analysis, the stock has shown strong momentum with a nearly 30% return over the past six months.
The company’s board plans to appoint a special committee to evaluate the proposal, which was received on October 26. The committee is expected to consist of directors not affiliated with either Trian or General Catalyst. InvestingPro data shows the company maintains strong financial health with a current ratio of 4.49, indicating robust liquidity to meet short-term obligations.
Trian, which first invested in Janus Henderson in October 2020, currently has two representatives on the company’s board. The investment firm publicly filed the proposal as an amendment to its Schedule 13D filings with the U.S. Securities and Exchange Commission.
Janus Henderson stated there is no assurance that any definitive agreement will result from the proposal or that any transaction will be consummated. The company indicated it does not intend to comment further about the proposal unless it deems additional disclosure appropriate.
As of June 30, 2025, Janus Henderson managed approximately $457 billion in assets and employed more than 2,000 people across 25 cities worldwide. The London-headquartered firm is listed on the New York Stock Exchange and has maintained dividend payments for 9 consecutive years, currently offering a 3.8% yield. Discover more insights about JHG and 1,400+ other stocks with comprehensive Pro Research Reports, available exclusively on InvestingPro.
The proposal letter is available as an exhibit to Trian’s statement of beneficial ownership on Schedule 13D/A as publicly filed on October 27, 2025, with the U.S. Securities and Exchange Commission, according to the press release statement.
In other recent news, Janus Henderson Group reported a strong financial performance for the second quarter of 2025, with a 6% year-over-year increase in adjusted diluted earnings per share, reaching $0.90. The company also achieved its highest quarterly assets under management, totaling $457.3 billion. These results highlight the effectiveness of Janus Henderson’s strategic initiatives, including new ETF launches and partnerships. Additionally, there are reports that Trian Fund Management, led by activist investor Nelson Peltz, is preparing a buyout offer for Janus Henderson. Trian is reportedly working with General Catalyst on an offer to acquire the remaining shares of Janus Henderson it does not already own. The potential offer could value Janus Henderson at approximately $7 billion. This development follows the company’s strong earnings report, indicating significant interest in its future prospects.
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