Prologis, Inc. has agreed to acquire SEGRO plc through a recommended share offer combined with a partial cash alternative, valuing SEGRO at approximately £14 billion. SEGRO shareholders will receive 0.0920 new Prologis shares per SEGRO share or opt for up to 25% of the consideration in cash. The deal offers a premium of around 39% to SEGRO's share price before the offer period and includes entitlement to 2026 and potentially 2027 dividends. The acquisition aims to create the world's largest logistics REIT, expanding Prologis' European footprint and providing growth opportunities. Completion is expected in the first half of 2027, subject to regulatory approvals and shareholder votes.
Prologis announced an underwritten public offering of 15 million common shares, with an option for underwriters to buy an additional 2.25 million shares. The net proceeds will support general corporate purposes and potential acquisitions, notably a p...
US logistics property group Prologis has agreed to acquire British real estate investment trust Segro in a deal valued around £13.5 billion. Segro shareholders will receive Prologis shares or a mix of cash and shares, with the offer representing a pr...
Prologis has agreed to acquire SEGRO for approximately $18.8 billion, combining two major logistics portfolios to create a global platform with $269 billion in assets. The deal will expand Prologis' European footprint by 47%, adding 368 million squar...
