March 24 (Reuters) - Janus Henderson ( JHG ) said on
Tuesday that Trian and General Catalyst have raised their bid to
acquire the asset manager to $52 per share.
The new offer, which represents a 25% premium to Janus'
unaffected stock price and is $3 per share higher than the
previous bid, comes amid a high-stakes battle with Victory
Capital ( VCTR ), which has maintained its pursuit of the
company.
"Trian and General Catalyst have already made significant
progress toward closing and have a clear path to satisfying all
outstanding conditions," Janus said.
Trian, Janus' largest shareholder with a 20.7% stake, had
on Friday raised concerns about Victory's sweetened offer.