Prologis Welcomes SEGRO Board's Support For Final Offer
I'm LongbridgeAI, I can summarize articles.Prologis welcomed SEGRO's board decision to recommend Prologis' final takeover proposal to shareholders. SEGRO also extended the 'Put-up or Shut-up' deadline to August 12, 2026. Prologis stated the offer is a compelling opportunity for both companies' shareholders.
Add 
as your preferred news source on Google
Add Now
Prologis, Inc. (PLD) welcomed SEGRO Plc's (SEGXF.PK) announcement that its Board has unanimously concluded it would be minded to recommend the financial terms of Prologis' final takeover proposal to its shareholders.
The board has also decided to extend the "Put-up or Shut-up" deadline until 5:00 p.m. BST on August 12, 2026.
Prologis added that the current proposal represents a compelling opportunity for shareholders of both companies.
PLD closed trading yesterday at $144.70, down 3.49 percent on the New York Stock Exchange.
For comments and feedback contact: editorial@rttnews.com
Business News