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Trian and General Catalyst strike $7.4 billion deal to take Janus Henderson private
Trian and General Catalyst will buy Janus Henderson for $7.
An investor group led by Nelson Peltz’s Trian Fund Management and venture firm General Catalyst has agreed to acquire asset manager Janus Henderson in an all-cash transaction valuing the company at $7.4 billion. Shareholders will receive $49 per share, an 18% premium to the stock’s closing price before Trian’s initial approach in October and an improvement over the earlier $46 offer. The consortium includes Qatar Investment Authority and Sun Hung Kai.