London loses again: FTSE 100 landlord Segro will be missed

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The Guardian

London loses again: FTSE 100 landlord Segro will be missed

The loss of Segro to a US firm denudes London’s real estate sector and is another step in the hollowing-out of the UK stock market For a few hours on Wednesday, it seemed possible we were about to witness a rare stock market event: a FTSE 100 company holding out against a hostile raider from the US and defying some of its own large shareholders to defend its independence. Sadly, it didn’t happen. Segro, the FTSE 100 …