Prologis takes over Segro in $18.8bn deal

US REIT mammoth Prologis today announced that it has reached agreement with Segro on the terms of a recommended acquisition of the UK-based target, valuing the target’s entire issued and to be issued ordinary share capital at about $18.8bn. Dan Letter, chief executive officer of Prologis, commented: “We are pleased to have reached agreement with the Segro Board on a combination that we believe wil Read full article →