UK warehouse landlord Segro rejects £12.6bn takeover offer from US rival
UK warehouse landlord Segro rejected a £12.6 billion takeover offer from US rival Prologis on Tuesday. Segro's board found the proposal to undervalue the company, which has seen its shares fall 40% since peak prices in late 2021. The rejection underscores tensions in the UK real estate market as firms face unstable valuations.
Summary by OZbrief Editorial · The Guardian Australia – Business · Source
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Published 24 Jun 2026, 10:00 UTC · Updated 24 Jun 2026, 10:20 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
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