Prologis (PLD) submitted a third proposal to acquire all issued and to be issued share capital of SEGRO (SGRO.L), raising its offer and adding a partial cash alternative after its previous approach. The update signals continued deal push rather than withdrawal, which should keep market focus on valuation and deal structure for PLD/SEGRO.
Prologis (PLD) submitted a third proposal to acquire all issued and to be issued share capital of SEGRO (SGRO.L), raising its offer and adding a partial cash alternative after its previous approach. The update signals continued deal push rather than withdrawal, which should keep market focus on valuation and deal structure for PLD/SEGRO.
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mildly positive
Sentiment Score
0.20
Ticker Sentiment
