Trian-Backed Group to Buy Janus, Valuing Firm at $7.4 Billion

December 22, 2025, 6:35 PM UTC

Nelson Peltz’s Trian Fund Management and General Catalyst agreed to buy Janus Henderson Group Plc in a deal that values the asset manager at about $7.4 billion.

Shareholders will receive $49 a share in cash, up from $46 a share that the investors offered in October, according to a statement Monday. Trian already owns 20.6% of Janus Henderson’s shares and has been represented on the board since 2022.

WATCH: Kristine Aquino reports on Nelson Peltz’s Trian Fund Management and General Catalyst agreeing to buy asset manager Janus Henderson Group for about $7.4 billion. Source: Bloomberg

The move is the latest dramatic turn in Trian’s investment in Janus Henderson, the asset manager who counted Bill Gross among its bond managers before his retirement ...



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