Janus Henderson (JHG) Hits New High on $7.2 Billion Acquisition Offer

Core Viewpoint - Janus Henderson Group plc (NYSE:JHG) has reached a record high following a $7.2 billion acquisition proposal from two of its largest investors, Trian Fund Management LP and General Catalyst Group Management LLC [1][3]. Group 1: Stock Performance - Janus Henderson's stock price peaked at $49.42 during intra-day trading, ultimately closing at $46.35, reflecting an increase of 11.34% for the day [2]. - The acquisition proposal offers to buy the remaining stake in Janus Henderson at $46 per share, representing a 10.5% premium over its latest closing price [3]. Group 2: Acquisition Proposal Details - The joint non-binding acquisition proposal was communicated through a letter from Trian Fund Management and General Catalyst Group [3]. - Trian Fund Management has been an investor in Janus Henderson since 2020 and currently holds two board seats [4]. - A special committee has been formed to evaluate the acquisition, excluding board members affiliated with the acquiring companies, although the deal is not guaranteed [4].