UK warehouse landlord Segro rejects £12.6bn takeover offer from…

In developing news, segro is known for building cavernous warehouses to support the boom in online shopping. Segro is known for building cavernous warehouses to support the boom in online shopping.Photograph: Martin Godwin/The GuardianView image in fullscreenSegro is known for building cavernous warehouses to support the boom in online shopping.Photograph: Martin Godwin/The GuardianSegroUK warehouse landlord Segro rejects £12.6bn takeover offer from US rivalFTSE 100 firm says Prologis all-share proposal turned down as it falls long way short of its own views on value Joanna PartridgeWed 24 Jun 2026 12.00 CESTLast modified on Wed 24 Jun 2026 12.02 CESTSharePrefer the Guardian on GoogleThe UK warehouse landlord Segro is at the centre of the latest transatlantic takeover battle after rejecting a £12.6bn takeover approach from the US rival Prologis.Key players involved: GI Partners Market AnalysisPhotograph: Martin Godwin/The GuardianSegroUK warehouse landlord Segro rejects £12.6bn takeover offer from US rivalFTSE 100 firm says Prologis all-share proposal turned down as it falls long way short of its own views on value Joanna PartridgeWed 24 Jun 2026 12.00 CESTLast modified on Wed 24 Jun 2026 12.02 CESTSharePrefer the Guardian on GoogleThe UK warehouse landlord Segro is at the centre of the latest transatlantic takeover battle after rejecting a £12.6bn takeover approach from the US rival Prologis. Prologis has gone public with its offer for the FTSE 100 company after it was “unequivocally rejected” by Segro’s board on Tuesday despite valuing the company at almost 25% more than its market value at that day’s close. Trading InsightsVolume and momentum indicatorsSupport and resistance levelsSector rotation patterns Expert CommentaryOli Creasey, the head of property research at the wealth manager Quilter Cheviot, said Prologis’s offer would send ripples through the UK’s real estate investment trust sector. Looking AheadFor complete details on this development, refer to the original report from Guardian Business. Frequently Asked Questions