SEGRO rejects £12.6 billion Prologis bid

Shares in real estate investment trust SEGRO (LON:SGRO) leapt after it was revealed the board had rejected a £12.6 takeover bid. The approach came from US company Prologis (NYSE:PLD), which published the full terms of its proposal through the London Stock Exchange. All-share offer Prologis, the world’s largest industrial REIT with a market cap of … Continue reading SEGRO rejects £12.6 billion Prologis bid