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Segro rejects £13.5bn bid by US rival Prologis in latest takeover twist

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Guardian Business
Segro board U-turns on £14bn takeover bid by US rival Prologis
UK warehouse landlord says board unanimous in recommendation to accept ‘best and final offer’ The board of the UK warehouse landlord Segro has U-turned and said it would be willing to accept a £14bn takeover by Segro’s bigger US rival, Prologis, in a deal that would be one of the largest foreign takeovers of a UK-listed company. In the latest blow to the troubled London stock market, Segro said in a statement that i…
22 Jul, 17:32
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FT UK
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Segro rejects £13.5bn bid by US rival Prologis in latest takeover twist
London-listed group declines third offer in escalating battle
20 Jul, 07:36
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