Janus Henderson Investors intends to reject Forseti III AB’s offer to the shareholders of Karnov Group AB

Janus Henderson Investors, managing funds that hold 3,754,750 shares in Karnov Group AB, has announced its intention to reject Forseti III AB’s offer of SEK 84 per share.

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05/21/2024 - 02:00 AM EDT

LONDON--(BUSINESS WIRE)-- Janus Henderson manages funds that own 3,754,750 shares in Karnov Group AB. We consider the SEK 84 per share offer from Forseti III AB to be far below Karnov’s intrinsic value and intend to reject the offer. This decision is in line with our value of “Clients Come First – Always” because at Janus Henderson we believe in doing all we can to deliver the best outcomes for our clients and their clients, including zealous advocacy based on rigorous fundamental research in cases such as this.

About Janus Henderson

Janus Henderson Group is a leading global active asset manager dedicated to helping clients define and achieve superior financial outcomes through differentiated insights, disciplined investments, and world-class service.

As of March 31, 2024, Janus Henderson had approximately US$353 billion in assets under management, more than 2,000 employees, and offices in 24 cities worldwide. The firm helps millions of people globally invest in a brighter future together. Headquartered in London, Janus Henderson is listed on the New York Stock Exchange (NYSE).

The views expressed are those of Janus Henderson Investors as of the date referenced and are subject to change at any time based on market or other conditions. These views are not intended to be a forecast of future events or a guarantee of future results. These views may not be relied upon as investment advice. The information provided should not be considered a recommendation to buy or sell any of the securities mentioned.