Prologis, Inc. announced it submitted an indicative all-stock proposal to acquire the entire share capital of SEGRO plc. The proposal was unequivocally rejected by SEGRO's Board of Directors. Prologis is now publicly urging SEGRO's shareholders to encourage their board to engage in discussions.
Key Details
- Proposal Date: The acquisition proposal was submitted to SEGRO's board on June 16, 2026.
- SEGRO's Response: The offer was officially rejected by SEGRO's board on June 23, 2026.
- Regulatory Deadline: Under UK Takeover Code, Prologis must announce a firm intention to make an offer or state it will not make an offer by 5:00 pm (London time) on July 22, 2026.