Trian opposes Victory Capital bid for Janus Henderson

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Trian Releases Investor Presentation Explaining Its Strong Opposition to Victory Capital’s Latest Proposal For Janus Henderson

March 20, 2026 8:41 AM EDT

Highlights Significant Execution and Closing Risks of Victory Proposal as well as Victorys Misrepresentations of Financing and Other Key Facts

Trian Sees No Realistic Path to Victory Closing a Deal with Janus Henderson

Reaffirms that Trian & General Catalyst $49 All-Cash Transaction Provides Superior Certainty and Value for Janus Henderson Shareholders, with a Clear Path to Closing in Mid-2026

NEW YORK--(BUSINESS WIRE)-- Trian Fund Management, L.P. (Trian) today released an investor presentation outlining serious concerns about Victory Capital's (Victory) unsolicited proposal to acquire Janus Henderson... More