Victory Capital submits new bid for rival Janus Henderson

Reuters03-17
Victory Capital submits new bid for rival <a href="https://laohu8.com/S/JHG">Janus Henderson</a>

March 17 (Reuters) - Victory Capital VCTR.O on Tuesday submitted a new bid to acquire rival asset manager Janus Henderson JHG.N.

Under the revised proposal, San Antonio-based Victory is offering $40 in cash and 0.25 of its shares for each Janus share.

(Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Sahal Muhammed)

((ArasuKannagi.Basil@thomsonreuters.com;))

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