Janus Henderson climbs after new $8.6 billion cash-and-stock offer from Victory Capital

Janus Henderson

17/03/2026 12:52

** Shares of money manager Janus Henderson JHG.N up 3.2% at $52.05 premarket

** Victory Capital VCTR.O submitted a revised $8.6 billion offer for co, intensifying its effort to block the take-private deal with Trian and General Catalyst

** The move comes days after Janus rejected Victory's earlier $8.6 billion cash-and-stock offer with a lower cash component, saying the proposal was not superior to the existing Trian-led deal

** Under the revised proposal, Victory is now offering $40 in cash and 0.25 of its shares for each Janus share vs its earlier offer of $30 in cash and 0.35 of its shares

** As of last close, JHG stock up 6% YTD, following a 11.8% rise in 2025

 (Reporting by Tharuniyaa Lakshmi in Bengaluru)

 ((tharuniyaa@thomsonreuters.com))