Segro Rejects Fresh £13.5 Billion Cash and Share Prologis Offer
Bloomberg 2026-07-20 06:18:51
Context: Segro Plc, a UK-based warehouse landlord, has rejected a £13.5 billion cash and share proposal from Prologis Inc. The rejection marks a significant development in the potential acquisition talks between the two companies.
Key Facts
- Segro Plc received a proposal from Prologis Inc. valued at approximately £13.5 billion, which included both cash and shares.
- The proposal was rejected by Segro Plc, indicating that the company's valuation or the terms of the offer were not satisfactory.
- The £13.5 billion offer suggests that Prologis Inc. was seeking to acquire Segro Plc in a deal that would have significant implications for the UK warehouse and logistics market.