Category: Markets
Published: 2026-06-30T15:14:30.000Z
Prologis is intensifying its efforts to acquire London-based logistics warehouse operator Segro after its initial £12.6 billion ($16.6 billion) all-stock takeover bid was rejected. Prologis argues the deal offers significant value to Segro shareholders, including a 25% premium and access to a larger logistics network and stronger balance sheet. Segro, however, maintains the offer is "inadequate, opportunistic and one-sided," believing its standalone investment case can deliver superior shareholder value.
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