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Prologis prices $2.1B stock offering to fund acquisitions including potential SEGRO deal

Company Fundamentals
04 Aug 2026
PRNewsWire
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Neutral
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Prologis announced an underwritten public offering of 15 million common shares, expected to raise approximately $2.1 billion before expenses. The offering, closing on August 5, 2026, includes a 30-day option for underwriters to buy an additional 2.25 million shares. Proceeds will support general corporate purposes and potential acquisitions, notably a possible combination with SEGRO plc. However, completion of the SEGRO deal is uncertain and subject to conditions.

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Prologis launches public offering of 15M shares to fund acquisitions including potential SEGRO deal

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