07:52 AM EDT, 03/17/2026 (MT Newswires) -- Victory Capital ( VCTR ) said Tuesday it sent a revised "superior" proposal to acquire Janus Henderson Group ( JHG ) for $40 per share in cash and 0.250 shares of Victory Capital ( VCTR ) common stock for each Janus Henderson ( JHG ) share, an increase of $10 per share from its previous proposal.

Under the revised proposal, Janus Henderson ( JHG ) shareholders would receive a total consideration of $56.84 per Janus Henderson ( JHG ) share, Victory Capital ( VCTR ) said.

Victory Capital ( VCTR ) said it does not agree with Janus Henderson's ( JHG ) assessment that its acquisition proposal presents risks in obtaining the required client consents. The asset management firm added that it believes both Janus Henderson's ( JHG ) and its own shareholders will support the transaction, contrary to the concerns raised by Janus Henderson's ( JHG ) board.

Janus Henderson ( JHG ) did not immediately reply to a request for comment from MT Newswires.