Janus Henderson Announces Acquisition Of Global Private Credit Manager Victory Park Capital; Consideration Comprises A Mix Of Cash And Shares Of Janus Henderson Common Stock, Exact Terms Not Disclosed
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Janus Henderson (JHG) announces the acquisition of Victory Park Capital, a global private credit manager. The deal involves a mix of cash and Janus Henderson common stock and is expected to be neutral-to-accretive to earnings per share by 2025. The acquisition is anticipated to close in Q4 2024, pending regulatory approvals.
August 12, 2024 | 1:05 pm
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Janus Henderson (JHG) is acquiring Victory Park Capital, with the deal expected to be neutral-to-accretive to earnings per share by 2025. The acquisition involves a mix of cash and Janus Henderson common stock and is set to close in Q4 2024, subject to regulatory approvals.
The acquisition of Victory Park Capital by Janus Henderson is expected to be neutral-to-accretive to earnings per share by 2025, which is a positive indicator for future financial performance. The deal involves a mix of cash and stock, and its completion is subject to regulatory approvals, which adds a layer of uncertainty but is generally seen as a positive strategic move.
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