06:24 AM EDT, 07/20/2026 (MT Newswires) -- Segro's (SGRO.L) board unanimously rejected Prologis' (0KOD.L, PRLD.VI) further revised takeover proposal worth 13.5 billion pounds sterling. The London-listed industrial and data center property company said Monday it met with Prologis on Sunday, but the latter did not offer improvements to its third proposal. Prologis offered 0.0890 new Prologis shares for each Segro share and a partial cash alternative of up to 2.7 billion pounds, at a fixed price of 10 pounds per Segro share, subject to pro rata scale-back.

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