12:19 AM EDT, 07/23/2026 (MT Newswires) -- Segro's (SGRO.L) board unanimously concluded that the terms of the fourth takeover proposal by US-based logistics real estate company Prologis (0KOD.L) are acceptable and can be recommended to shareholders if a firm offer is made. The UK real estate company said Wednesday that any firm offer remains subject to the completion of due diligence by Prologis, and secured an extension to Aug. 12 for the firm offer deadline from the UK Takeover Panel. The fourth and final possible proposal, made on Wednesday, comprises 0.092 new Prologis share for each Segro share and includes a partial cash alternative of up to 3.5 billion pounds sterling.

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