Trian opposes Victory Capital's bid for Janus Henderson

Trian Fund Management voiced concerns today over Victory Capital's sweetened bid for Janus Henderson. The firm holds a 20.7% stake in the asset manager.

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Trian Fund Management has expressed significant reservations regarding a revised acquisition proposal from Victory Capital Holdings, Inc. for the asset management firm Janus Henderson Group plc. The move heightens the competition against Trian's own established take-private agreement for the firm.

The Wall Street sign displayed at the New York Stock Exchange in Manhattan, New York. REUTERS/Carlo Allegri/File Photo
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