Tue, Apr 16, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Industry Updates

Janus Capital Group and Henderson Group announce recommended merger of equals

Tuesday, October 04, 2016
Opalesque Industry Update - Highlights

  • Combined group, Janus Henderson Global Investors plc, will be a leading global active asset manager with AUM of more than U.S.$320 billion and a combined market capitalisation of approximately U.S.$6 billion
  • Janus’ strength in the U.S. markets will be combined with Henderson’s strength in the U.K. and European markets to create a truly global asset manager with a diverse geographic footprint, which closely matches the global fund management industry
  • Consistent cultures and corporate strategies will facilitate integration
  • Attractive growth potential, together with annual run rate net cost synergies of at least U.S.$110 million, expected to deliver compelling value creation for shareholders
  • Henderson and Janus CEOs will lead Janus Henderson Global Investors plc together, reflecting the importance of smooth integration in a people-focused business
  • Combined group will apply for admission to trade on the NYSE as its primary listing, retaining Henderson’s existing listing on the ASX
  • Janus’ largest shareholder, Dai-ichi Life (Dai-ichi), has committed to supporting the merger and intends to extend its strategic partnership to the combined group
Article link

What do you think?
   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1

Click here for More about Opalesque Tracking
- A new, unique Premium Service -
  1. whitebox
  2. lmr
  3. deshaw
  4. kedge
  5. marshall
  1. mortgage fund
  2. focus
  3. man group
  4. golden china
  5. King Street