Neutral
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Proactive Investors
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4 months ago
Prologis has made a third takeover proposal for SEGRO PLC (LSE:SGRO), valuing the FTSE 100 warehouse landlord at approximately £13.5 billion and introducing a partial cash alternative, only for the board to reject the approach once again. The US logistics property giant's third proposal, made on 16 July and rejected the following day, comprises 0.0890 new Prologis shares for each SEGRO share, a...