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FinancePrologis says Segro rejected sweetened $18.2 billion offer
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Prologis, the world's largest owner of industrial real estate, announced that its sweetened third takeover offer for British industrial real-estate company Segro, valued at approximately 13.5 billion pounds ($18.16 billion), was rejected by Segro's board on Friday. The board unanimously rejected the bids, stating that Segro's growth strategy and standalone prospects offer better value than the proposed acquisition. However, the door was left open for improved future bids. This rejection follows a second approach that was rebuffed on July 12. The news was reported by Yahoo Finance on July 20, 2026.
Source report
By Adam Whittaker
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Segro has rejected a sweetened third takeover offer from Prologis, valuing the British industrial real-estate company at approximately £13.5 billion ($18.16 billion), though it left the door open to improved future bids.
Segro’s board unanimously rejected the bids, stating that its growth strategy and standalone prospects offered better value.
Prologis—the world’s largest owner of industrial real estate—announced Monday that its third offer was turned down on Friday, following a second approach that was rebuffed on July 12.
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Source
Yahoo FinanceWestern
Part of this Story
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