Dec 22 (Reuters) – Nelson Peltz’s Trian and VC firm General Catalyst have agreed to buy asset manager Janus Henderson for $7.4 billion, the companies said on Monday, bringing to close a more than five-year activist campaign by the billionaire’s hedge fund.
Janus Henderson shareholders will receive $49 per share in cash, reflecting an 18% premium to the closing price on October 24, the last trading day before the first proposal from Trian and General Catalyst was revealed.
The investor group taking Janus private also includes Qatar Investment Authority and Hong Kong-based alternative investment company Sun Hung Kai & Co.
The deal is expected to close in mid-2026.
(Reporting by Ateev Bhandari in Bengaluru; Editing by Sahal Muhammed and Anil D’Silva)
