Segro rejected Prologis’ second revised takeover offer, valuing the British warehouse landlord at £13.5B ($18.18B). The refusal of a “sweetened” bid suggests Prologis’ price is still not compelling enough to win control, keeping deal uncertainty elevated for the sector.
Segro rejected Prologis’ second revised takeover offer, valuing the British warehouse landlord at £13.5B ($18.18B). The refusal of a “sweetened” bid suggests Prologis’ price is still not compelling enough to win control, keeping deal uncertainty elevated for the sector.
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mildly negative
Sentiment Score
-0.20
Ticker Sentiment
