UK's Segro rejects $16.6 billion takeover bid by US logistics major Prologis

U.S. logistics major Prologis said on ​Wednesday London-listed warehouse landlord ‌Segro rejected its all-share takeover proposal, which valued ​the British company ​at about £12.6 billion ($16.62 billion).

Reuters • Jun 24, 2026

Creating Shareholder Value Through a Possible SEGRO and Prologis Combination

SAN FRANCISCO, June 24, 2026 /PRNewswire/ -- Prologis, Inc. ("Prologis") announces that on 16 June 2026 it sent a letter to the Board of SEGRO plc ("SEGRO") setting out the terms of an indicative all-share proposal, pursuant to which Prologis would acquire the entire issued and to be issued share capital of SEGRO (the "Combination").

PRNewsWire • Jun 24, 2026

Earnings Growth & Price Strength Make Prologis (PLD) a Stock to Watch

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Focus List.

Zacks Investment Research • Jun 24, 2026

SEGRO rejects £12.6bn all-share bid from Prologis

Prologis Inc (NYSE:PLD) has gone public with a possible offer for FTSE 100-listed Segro PLC (LSE:SGRO) after the logistics property group rejected a £12.6 billion all-share takeover proposal. The US-listed warehouse landlord said it wrote to Segro's board on 16 June with an indicative proposal under which Segro shareholders would receive 0.084 new Prologis shares for each Segro share held.

Proactive Investors • Jun 24, 2026

Prologis 'clearly' can make a higher offer to secure Segro deal, analysts say

Segro PLC's (LSE:SGRO) rejection of a £12.6 billion takeover approach from US giant Prologis Inc (NYSE:PLD) may be only the opening round in what could become one of the biggest UK property deals in years. The US logistics giant's all-share proposal valued Segro at 925p a share, a 24.6% premium to the undisturbed share price and broadly in line with the company's last reported net asset value.

Proactive Investors • Jun 24, 2026

Prologis Rebuffed in $16.6 Billion Takeover Approach for U.K.'s Segro

The world's largest owner of industrial real estate said it sees a clear strategic rationale for a combination and urged Segro shareholders to encourage the board to engage.

WSJ • Jun 24, 2026

Wall Street Analysts Think Prologis (PLD) Is a Good Investment: Is It?

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Zacks Investment Research • Jun 23, 2026

Prologis (PLD) Rises As Market Takes a Dip: Key Facts

Prologis (PLD) closed at $143.83 in the latest trading session, marking a +2.34% move from the prior day.

Zacks Investment Research • Jun 22, 2026

Prologis: A Blue-Chip REIT With Embedded Growth And Data Center Optionality

Prologis is a 'Buy', offering quality logistics real estate exposure with robust income streams and competitive advantages. PLD's Q1 2026 results showed 8.8% same-store cash NOI growth, 95.3% occupancy, and a 17% mark-to-market lease spread, supporting embedded rent growth. Data center development is a major growth driver, with $2.1B in projects and a $15B long-term opportunity, leveraging the company's land and power advantages.

Seeking Alpha • Jun 22, 2026

Are Finance Stocks Lagging Prologis (PLD) This Year?

Here is how Prologis (PLD) and Atlanticus Holdings Corporation (ATLC) have performed compared to their sector so far this year.

Zacks Investment Research • Jun 19, 2026