MutualFundWire.com: Dai-ichi Buys More Janus as Planned
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Wednesday, October 3, 2012

Dai-ichi Buys More Janus as Planned


Dai-ichi Life Insurance has increased its stake in Janus.

According to a recent filing, Dai-ichi purchased 1.5 million shares, or $14.5 million, on Monday. The purchase raises Dai-ichi's stake in Janus by 1 percent.

A separate 13D filing confirms that Dai-ichi now owns 28 million shares, or a 14 percent stake, of Janus common stock.

Janus also sold off 1 million derivative securities (put options).

In August, the MFWire had reported that Janus agreed to sell "at least 15 percent, and no more than 20 percent" of Janus common stock.


Printed from: MFWire.com/story.asp?s=41499

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