Featured
Submit a story
Tell us your story.
Featured
Submit a story
FTSE 100 Segro agrees to £14bn takeover by Prologis
FTSE 100 property firm Segro has agreed to a £14bn takeover by Prologis, striking another blow to the London Stock Exchange.
TL;DRAI
Prologis acquired Segro (FTSE 100 logistics/data centre firm) for £14.3bn at 0.92 shares + £3.5bn cash per share. The deal marks consolidation in modern infrastructure on structural demand tailwinds; it's the 11th major LSE exit via M&A this year.
455 words~2 min read
