– Janus Henderson Group plc will be acquired by Trian Fund Management, L.P. and General Catalyst Group Management, LLC in an all-cash transaction valued at approximately $7.4 billion.
– Strategic investors in the deal include Qatar Investment Authority and Sun Hung Kai & Co. Limited.
– Shareholders not already owned or controlled by Trian will receive $49.00 per share, an 18% premium over the unaffected closing price on October 24, 2025.
– Trian currently owns 20.6% of Janus Henderson, has been a shareholder since 2020, and has held Board representation since 2022.
– General Catalyst is a global investment and transformation firm with expertise in AI applications for business operations.
– Janus Henderson will remain led by CEO Ali Dibadj and maintain offices in London and Denver after becoming private.
– A Special Committee of independent directors was formed by the Janus Henderson Board to review the proposal.
– The Special Committee unanimously approved and recommended the transaction, and the Board approved it by unanimous vote.
– John Cassaday, Chairman, emphasized the transaction delivers certainty and cash value to shareholders at a meaningful premium.
– CEO Ali Dibadj highlighted that the partnership will support growth in products, client services, technology, and talent, continuing Janus Henderson’s long-term strategy.
– Trian CEO Nelson Peltz noted the partnership with General Catalyst combines operational and technological strengths to accelerate investment and growth.
– General Catalyst CEO Hemant Taneja emphasized the opportunity to enhance operations and customer value using AI while partnering with Trian.
– QIA CEO Mohammed Saif Al Sowaidi, CFA expressed excitement about participating in the privatization and driving the next phase of Janus Henderson’s growth.
