===Janus Henderson (JHG) : unsolicited $57.04-per-share Victory Capital (VCTR) bid

•  Trian Fund Management (Trian) owns significant stakes in major public companies like GE Aerospace, Solventum Corp, Janus Henderson Group, Invesco, and Wendy's, often taking activist roles to improve performance; their portfolio is concentrated, focusing on large-cap value companies like Procter & Gamble, Mondelez, and Disney in the past, driving change through board seats and strategic collaboration rather than full ownership.  

Janus Henderson confirms receipt of unsolicited $57.04-per-share Victory Capital bid but continues to recommend shareholder approval of $49 Trian/General Catalyst deal

• Proposal was sent today to Janus Henderson’s special committee as an alternative to its existing Trian merger.
• Board’s special committee will evaluate the unsolicited, non-binding takeover proposal under the existing merger agreement.
• Victory Capital describes its fully financed cash-and-stock offer as a superior alternative to the existing Trian merger.