Victory Capital ends pursuit as Janus Henderson ups takeover terms

Victory Capital has withdrawn its bid to acquire Janus Henderson Group, citing a longstanding position that any transaction would require full support from Janus Henderson’s Special Committee and be reached through mutual agreement. Last month, Victory Capital approached the special committee of Janus Henderson Group’s board with a buyout offer, in a challenge to a pending deal with Trian Fund Management. “While the Company is disappointed with the process run by the Special Committee, its admiration fo ...