Prologis

Prologis to buy U.K.’s Segro for $18.8B after two-month battle

Prologis announced on Tuesday that it has reached a recommended agreement with the board of Segro to acquire the U.K.'s largest real estate investment trust for approximately £14 billion ($18.8 billion), ending a two-month takeover battle that began in late…

Segro board signals support for Prologis’ $18.8B bid

Segro said its board unanimously concluded it would be "minded to recommend" Prologis's £14 billion ($18.8 billion) "best and final" takeover proposal to shareholders, bringing a month-long pursuit of the British warehouse landlord closer to a deal. Segro shares surged…

Prologis faces deadline to bid for SEGRO or walk away

Prologis reported a strong second-quarter 2026 earnings beat on July 16 and raised its full-year guidance for the second time this year, while separately stepping up pressure on British warehouse landlord SEGRO as a UK Takeover Code deadline for a…

Prologis raises Segro bid to £13.5B, adds cash option

Prologis disclosed on Monday a third takeover proposal for UK warehouse landlord Segro, now including a partial cash alternative that values the company at 993 pence per share, or approximately £13.5 billion ($18.2 billion). Segro's board unanimously rejected the offer…

Prologis goes public with case for £12.6B Segro deal

Prologis escalated its pursuit of UK warehouse giant Segro on Wednesday, publishing a new investor presentation urging shareholders to pressure the Segro board into formal negotiations over a £12.6 billion all-stock takeover proposal.

Segro rejects Prologis’s $16.6 billion takeover bid

Segro, the UK warehouse and logistics landlord, has rejected an unsolicited all-share takeover proposal from Prologis, the world's largest industrial property owner, in what would have been one of the biggest real estate deals in recent years.