FTSE 100 Segro fights off £12.6bn swoop by US real estate giant

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FTSE 100 Segro fights off £12.6bn swoop by US real estate giant

Real estate investment firm Segro has rejected a £12.6bn bid from a US fund looking to combine the two companies into one mammoth investment trust. Prologis said it had gone public with its offer in a bid to convince Segro shareholders to back the deal. As part of Prologis’ offer, Segro stocks would be valued [...]