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

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.