Brief
Prologis’ European Rival Segro Accepts $18.8B Takeover Offer
Prologis, the world’s largest industrial landlord, is about to get even bigger. The San Francisco-based real estate investment trust (REIT) has succeeded in its fourth offer to acquire rival Segro, th
Summary
Prologis, the world’s largest industrial landlord, is about to get even bigger.
The San Francisco-based real estate investment trust (REIT) has succeeded in its fourth offer to acquire rival Segro, the United Kingdom’s largest REIT, in a deal valuing Segro’s equity at roughly $18.
8 billion. Prologis announced Tuesday that Segro’s once-resistant board would be recommending […]
Source
- Commercial Observercommercialobserver.com
