Macro Finance
Segro Rejects £13.5 Billion Cash and Share Prologis Offer
Bloomberg Markets·July 20, 2026·1 min read
Prologis Inc. increased its outline bid to buy Segro Plc to £13.5 billion ($18.2 billion) and offered sweeteners after the UK landlord's board rejected the latest terms. The cash and share offer aims to tempt Segro shareholders. The deal would combine two major industrial real estate firms, with Prologis pursuing the acquisition despite the initial rejection.
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