Published: July 20, 2026 at 9:06 am
FTSE 100 listed UK property group Segro has rejected a third takeover offer from a US firm ahead of a deadline for submitting a concrete bid.
Segro, which slammed Prologis over its initial £12.6 billion all-share approach last month, turned down a second offer earlier this month then a third approach valued at £13.5bn – and sweetened with a £2.7bn cash element.
Segro owns a portfolio of warehouses and data centres – mainly in the South East of England – and has benefited from the growth of online shopping.