Segro rebuffs enhanced $18.2B Prologis takeover bid

Short summary

Prologis's enhanced $18.2 billion takeover bid for London-based logistics real estate peer Segro has been rejected. This marks Prologis's third attempt at acquiring Segro. The deal would have combined two major logistics property operators across the US and UK markets.

• •Prologis's enhanced $18.2B bid for Segro was rejected
• •This was Prologis's third acquisition attempt
• •Deal would combine major US and UK logistics real estate operators

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