Nelson Peltz and General Catalyst lodge $7bn takeover bid for Janus Henderson
Take-private offer would ‘de-risk’ US asset manager that is ‘highly sensitive to capital market and geopolitical dynamics’
Take-private offer would ‘de-risk’ US asset manager that is ‘highly sensitive to capital market and geopolitical dynamics’

Asset manager’s investors will receive $49 a share in 18% premium over initial Trian overture in October

Quest for scale puts global money manager tie-ups on pace to crush last year’s deal total as costs and competition mount

Texas-based asset manager’s new bid sets up contest with Trian and General Catalyst

Plus, bumper earnings for Wall Street banks and how a chipmaker got seized by the Dutch government

In future, international buyers may demand discounts to at least partially compensate for risk of forced divestments

New revenue lines, debt partnerships and further fundraising targeted to cover enormous costs