Janus Henderson to be Acquired in All-Cash Deal

An announcement from Janus Henderson Group ( (JHG) ) is now available.

On December 21, 2025, Janus Henderson Group plc agreed to be acquired by Jupiter Company Limited, an entity backed by an investor group led by Trian Fund Management and General Catalyst, in an all-cash transaction valuing the asset manager at about $7.4 billion. Under the deal, which was unanimously recommended by a special committee of independent directors and subsequently approved by the full board, shareholders will receive $49.00 per share in cash, an 18% premium to the company’s unaffected closing price on October 24, 2025, with Trian rolling over part of its existing 20.6% stake and the transaction financed through a mix of equity from the investor group and committed debt facilities. The merger, which is expected to close in mid-2026, will see Janus Henderson become a wholly owned subsidiary of the acquirer and continue operating as a private company under its current management led by CEO Ali Dibadj, while a detailed merger agreement sets out treatment for equity awards, extensive closing conditions including shareholder, regulatory and client consents, and reciprocal termination fees. A concurrent voting agreement commits Trian, subject to certain exceptions, to support the deal, underscoring strong sponsor alignment as the buyers signal plans to make significant long-term investments in Janus Henderson’s products, client services, technology and talent, potentially reshaping the firm’s competitive positioning within the active asset management industry.

The most recent analyst rating on (JHG) stock is a Hold with a $48.00 price target. To see the full list of analyst forecasts on Janus Henderson Group stock, see the JHG Stock Forecast page.

Spark’s Take on JHG Stock

According to Spark, TipRanks’ AI Analyst, JHG is a Outperform.

Janus Henderson Group’s overall stock score reflects its strong financial performance and positive earnings call, which highlighted record assets under management and strategic growth initiatives. However, technical indicators suggest a lack of strong momentum, and challenges in cash flow generation pose risks. The stock’s fair valuation and attractive dividend yield provide additional support.

To see Spark’s full report on JHG stock, click here.

More about Janus Henderson Group

Janus Henderson Group plc is a leading global active asset manager that provides investment management services aimed at helping clients achieve superior financial outcomes through differentiated insights and disciplined investment strategies. As of September 30, 2025, the firm managed approximately $484 billion in assets, employed more than 2,000 people across 25 offices worldwide, and is headquartered in London with its shares listed on the New York Stock Exchange.

Average Trading Volume: 1,211,226

Technical Sentiment Signal: Buy

Current Market Cap: $7.11B

For detailed information about JHG stock, go to TipRanks’ Stock Analysis page.