BUZZ-Janus Henderson climbs after new $8.6 billion cash-and-stock offer from Victory Capital
Reuters03-17
BUZZ-<a href="https://laohu8.com/S/JHG">Janus Henderson</a> climbs after new $8.6 billion cash-and-stock offer from Victory Capital
** 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))
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