Trian and General Catalyst agree to increase merger consideration to USD 52.00 per share in cash for Janus Henderson Group Plc (JHG)

Newsquawk StaffPublished 24 Mar 2026, 12:25 UTC

Newsquawk headlinesUTC

Every headline is on the live feed 20 minutes before this site.

12:09

Ares (ARES) limits withdrawals from USD 10.7bln private credit fund, FT reports; it had capped redemptions from the Ares strategic Income fund at 5%

12:09

US PRE-MARKET MOVERS: APO, JEF, JHG, SFD, CNM, CNXC, RL, CRWV

12:05

Trian and General Catalyst agree to increase merger consideration to USD 52.00 per share in cash for Janus Henderson Group Plc (JHG)

12:04

United Airlines (UAL) is to add over 250 planes in the next two years, the most by any airline

12:02

US Secretary of State Rubio will attend the G7 meeting in France on Friday; will discuss Ukraine and the Middle East, according to the state department

On the Newsquawk feed at 12:05, 20 minutes before this page.

Use the PlatformFree. No signup, no card.

Amended Merger Agreement Represents a $3.00 All-Cash Price Increase; 25% Premium to Unaffected Share Price; Parties Committed to Closing by Mid-2026
Special Committee Determines that Victory Capital’s Revised Unsolicited March 17, 2026 Proposal Is Not Actionable and Is Not in Best Interests of Janus Henderson and Its Shareholders
Amended Merger Agreement’s All-Cash Transaction With Trian and General Catalyst Is Superior From an Expected Value and Certainty Perspective and Is the Only Actionable Proposal

Context

The agreement to raise the merger consideration for Janus Henderson to $52.00 per share is significant, reflecting a 25% premium to the unaffected share price. This enhancement not only underscores the strategic commitment of Trian and General Catalyst but also signals their confidence in the merger's potential value. The rejection of Victory Capital's unsolicited proposal reinforces the notion that this all-cash transaction is viewed as the most favorable outcome for shareholders, likely boosting investor sentiment toward JHG.

External

Newsquawk Daily

Get both market opens in your inbox.

FX · last 90 days

Recent headlines that moved markets

FX/14 Oct · 12:30 UTC

US Core CPI (Sep MM) 0.3% vs. Exp. 0.2% (Prev. 0.3%).

- USD/JPY, after we published+0.3%

FX/8 Oct · 08:30 UTC

Fed’s Waller (voter) says more rate hikes are likely needed to tame inflation, but there is flexibility over the pace and hikes do not need to be consecutive.

DXY, after we published+0.1%

FX/5 Oct · 11:16 UTC

Japan's GPIF didn't discuss allocation at its September meeting, Bloomberg reports.

Market, after we published+0.1%

FX/29 Sept · 18:00 UTC

Fed's Williams (voter) says sees no need for urgency after Sept rate hike.

- DXY, after we published−0.2%

FX/29 Sept · 05:32 UTC

[PRESS CONFERENCE] RBA Governor Bullock says inflationary pressures to last longer than expected; inflation is driven by domestic capacity pressures; Board will raise rates again if needed.

AUD/USD, after we published−0.6%

FX/28 Sept · 07:56 UTC

Japanese FX Official Mimura says they are closely watching to see if markets take the clear message they are giving at face value. Not satisfied with or reassured by recent JPY action.

Following the commentary USD/JPY, after we published−0.5%

Newsquawk Daily

Get both market opens in your inbox.

This note and the other one — the EU open and the US open, every business day, written by the desk. No account needed.

Make Newsquawk a preferred source on GoogleSelect this to see Newsquawk more often in Top Stories when you search Google.

Free.

No signup, no card.

Use the Platform

Related headlines

The feed had this first.

Use the Platform