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Segro Rejects £13.5 Billion Cash and Share Prologis Offer

Newseze Wire·Mon, Jul 20, 6:18 AMWire: Bloomberg Markets
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Segro Rejects £13.5 Billion Cash and Share Prologis Offer

Prologis Inc. has increased its outline bid to buy Segro Plc to £13.5 billion ($18.2 billion) and offered a series of sweeteners as it seeks to tempt shareholders after the UK landlord’s board rejected the latest terms.

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Prologis Inc. has increased its outline bid to buy Segro Plc to £13.5 billion ($18.2 billion) and offered a series of sweeteners as it seeks to tempt shareholders after the UK landlord’s board rejected the latest terms. The story falls into Newseze's markets desk and is being actively tracked by our editorial team. Calm framing, primary-source references, and respectful tone — every Newseze story is scored for drama and conspiracy before it reaches you. Worth knowing: Newseze refreshes its newsroom every hour and flags fast-moving local and breaking news as it develops. Watch this page for updates. Reporting: Bloomberg Markets.
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