Asset manager Janus Henderson Group has agreed to be acquired by Trian Fund Management and General Catalyst Group Management, in an all-cash transaction worth up to $7.4bn. Trian currently holds 20.6% of Janus Henderson’s outstanding shares and has maintained board representation since 2022, following its initial investment in 2020. General Catalyst, which focuses on business transformation and the use of artificial intelligence (AI), is partnering with Trian in this transaction. Under the agreement, J ...