Janus Bidding War Begins as Victory Capital Tops Trian Offer

News February 26, 2026 at 02:36 PM
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What You Need To Know

  • Victory Capital Holdings Inc. offered to buy the money manager for $57.04 a share.
  • Victory’s cash-and-stock proposal calls for Janus Henderson shareholders to own about 38% of the combined company.
  • The bidding war comes amid a broader wave of consolidation across the asset management industry.

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