Warehouse and data centre operator SEGRO (LONG:SGRO) has turned down a third offer from Prologis (NYSE:PLD) valuing it at £13.5 billion. The US suitor insists its proposal represents ‘a compelling opportunity’ and has urged SEGRO shareholders to lobby the board. Third attempt The latest offer consists of 0.089 new Prologis shares with a partial cash … Continue reading SEGRO turns down third, £13.5 billion Prologis offer