Thursday, August 20

Topic: m-and-a

The interior of a logistics warehouse
Markets 42 d

Prologis Takes Its £12.6 Billion Bid for SEGRO Public After Rejection

  • Prologis, the world's largest warehouse landlord, has gone public with its rejected £12.6 billion ($16.6 billion) all-share approach for UK rival SEGRO, appealing directly to SEGRO's shareholders to press the board to negotiate.
  • Under UK takeover rules, Prologis has until July 22 to make a firm offer or walk away.

In brief

In brief

In brief

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