Prologis agrees to acquire Segro for about 14.3 billion pounds

1. 1Prologis (PLD) has agreed to acquire Segro (SGRO) for approximately 14.3 billion pounds.
2. 2Segro shareholders will receive 0.0920 newly issued Prologis shares per share, valued at 1,031.7 pence per share, representing a 14.4% premium to net asset value.
3. 3Upon completion, the combined company will manage approximately $269 billion in logistics real estate assets, significantly strengthening its European footprint.

Source The Wall Street Journal +2 · View original ↗

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