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UK warehouse landlord Segro rejects £12.6bn takeover offer from US rival
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UK warehouse landlord Segro rejects £12.6bn takeover offer from US rival

The Guardian · Jun 24, 2026, 10:00 AM · Also reported by 3 other sources

Why this matters: a developing story that could shape the day's news cycle.

FTSE 100 firm says Prologis all-share proposal turned down as it falls long way short of its own views on value The UK warehouse landlord Segro is at the centre of the latest transatlantic takeover battle after rejecting a £12.6bn takeover approach from the US rival Prologis.Prologis has gone public with its offer for the FTSE 100 company after it was “unequivocally rejected” by Segro’s board on Tuesday despite valuing the company at almost 25% more than its market value at that day’s close. Continue reading...

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Also covered by

Investing.com Segro rejects Prologis takeover proposal at 925 pence per share Investing.com Warehouse giant Prologis takes $16.6 billion bid for UK’s Segro public after rejection Bloomberg Markets Schick Razor Maker Is Said to Reject Unsolicited Takeover Offer

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