Prologis said Segro rejected its all-share takeover proposal, which valued the London-listed warehouse landlord at about £12.6 billion ($16.62 billion). The rejection removes an immediate path to a potentially large real estate deal and may weigh modestly on sentiment around both companies. The news is primarily deal-specific rather than sector-wide.
Prologis said Segro rejected its all-share takeover proposal, which valued the London-listed warehouse landlord at about £12.6 billion ($16.62 billion). The rejection removes an immediate path to a potentially large real estate deal and may weigh modestly on sentiment around both companies. The news is primarily deal-specific rather than sector-wide.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.15
Ticker Sentiment
