Prologis urges SEGRO board to engage on merger proposal (PLD:NYSE)

Prologis urges SEGRO board to engage on merger proposal (PLD:NYSE)

Prologis pitches a merger with SEGRO, citing a stronger platform and major data center power pipeline (5.8GW+).

Combining SEGRO and Prologis - A Credible Path to Value Creation - PressReach

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION. THIS ANNOUNCEMENT IS NOT AN ANNOUNCEMENT OF A FIRM INTENTION TO MAKE AN OFFER UNDER RULE 2.7 OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE “CODE”). THERE CAN BE NO CERTAINTY THAT ANY FIRM OFFER WILL BE MADE. SAN FRANCISCO,…

Combining Segro & Prologis – a credible path to value creation

PRESS RELEASE Combining SEGRO and Prologis – A Credible Path to Value Creation 9 July 2026  SAN FRANCISCO, July 9, 2026 /PRNewswire/ — Following constructive engagement with SEGRO plc’s (“SEGRO”) shareholders and the presentation published by SEGRO yesterday, Prologis, Inc. (“Prologis”) today published a new investor presentation to help shareholders further assess the significant potential benefits of a combination of Prologis and SEGRO. Prolog…

Prologis Pushes for Talks on $16.9 Billion Segro Bid

Prologis said it remained ready to engage with Segro and urged the company’s shareholders to encourage their board to enter into talks.

Morning briefing: SEGRO dismisses Prologis bid as "inadequate" after "encouraging" first half; LondonMetric says due diligence on Picton bid “advancing well”; Polar Capital Holdings assets soar 45% in Q1; Saba lifts SEIT and BRSC stakes; plus LIVE, RESI & Taylor Maritime

SEGRO (SGRO) has reiterated its rejection of last month’s all-share bid approach from Prologis of the US after posting a “significant” first half rise in new rent to £53m from £31m a year ago. Having achieved a 44% uplift on rent reviews, renewals and regears in the UK in the six months to 30 June, chief […]