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Prologis to acquire SEGRO in $18.8B all-share deal

Tue, 04 Aug 2026 02:05:30 -0400

Prologis, Inc. (NYSE: PLD) has reached an agreement with the board of SEGRO plc (LSE: SGRO) on the terms of a recommended acquisition valuing SEGRO's entire issued and to be issued ordinary share capital at approximately $18.8 billion, according to a company statement dated Aug. 4, 2026.

Under the transaction terms, SEGRO shareholders will receive 0.0920 new Prologis shares for each SEGRO share held. Shareholders may elect to receive cash in lieu of some or all of their Prologis share consideration under a partial cash alternative, with a maximum aggregate cash pool of approximately £3.5 billion. Each shareholder's basic entitlement under

Prologis to acquire SEGRO in $18.8B all-share deal

Tue, 04 Aug 2026 02:05:30 -0400

Prologis to acquire SEGRO in $18.8B all-share deal

Tue, 04 Aug 2026 02:05:30 -0400

Prologis to acquire SEGRO in $18.8B all-share deal

Tue, 04 Aug 2026 02:05:30 -0400

Prologis Announces Recommended Acquisition of SEGRO plc

Tue, 04 Aug 2026 02:04:00 -0400

Combination expands Prologis' European platform and enhances long-term growth opportunities

SAN FRANCISCO, Aug. 4, 2026 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD) today announced that it has reached agreement with the board of SEGRO plc (LSE: SGRO) on the terms of a recommended acquisition of SEGRO, valuing SEGRO's entire issued and to be issued ordinary share capital at approximately $18.8 billion.

Daniel S. Letter, chief executive officer of Prologis, commented:

"We are pleased to have reached agreement with the SEGRO Board on a combination that we

Prologis Announces Recommended Acquisition of SEGRO plc

Tue, 04 Aug 2026 02:04:00 -0400

Combination expands Prologis' European platform and enhances long-term growth opportunities

Daniel S. Letter, chief executive officer of Prologis, commented:

"We are pleased to have reached agreement with the SEGRO Board on a combination that we

Prologis Announces Recommended Acquisition of SEGRO plc

Tue, 04 Aug 2026 02:04:00 -0400

Combination expands Prologis' European platform and enhances long-term growth opportunities

Daniel S. Letter, chief executive officer of Prologis, commented:

"We are pleased to have reached agreement with the SEGRO Board on a combination that we

Prologis Announces Recommended Acquisition of SEGRO plc

Tue, 04 Aug 2026 02:04:00 -0400

Combination expands Prologis' European platform and enhances long-term growth opportunities

Daniel S. Letter, chief executive officer of Prologis, commented:

"We are pleased to have reached agreement with the SEGRO Board on a combination that we

Prologis Announces Recommended Acquisition of SEGRO plc

Tue, 04 Aug 2026 02:04:00 -0400

Combination expands Prologis' European platform and enhances long-term growth opportunities

Daniel S. Letter, chief executive officer of Prologis, commented:

"We are pleased to have reached agreement with the SEGRO Board on a combination that we

Prologis Announces Recommended Acquisition of SEGRO plc

Tue, 04 Aug 2026 02:04:00 -0400

Combination expands Prologis' European platform and enhances long-term growth opportunities

Daniel S. Letter, chief executive officer of Prologis, commented:

"We are pleased to have reached agreement with the SEGRO Board on a combination that we

Prologis Announces Recommended Acquisition of SEGRO plc

Tue, 04 Aug 2026 02:04:00 -0400

Combination expands Prologis' European platform and enhances long-term growth opportunities

Daniel S. Letter, chief executive officer of Prologis, commented:

"We are pleased to have reached agreement with the SEGRO Board on a combination that we

Prologis Announces Recommended Acquisition of SEGRO plc

Tue, 04 Aug 2026 02:04:00 -0400

Combination expands Prologis' European platform and enhances long-term growth opportunities

Daniel S. Letter, chief executive officer of Prologis, commented:

"We are pleased to have reached agreement with the SEGRO Board on a combination that we

Kepler Cheuvreux upgrades SEGRO to buy, lifts target price by nearly 30%

Fri, 17 Jul 2026 06:55:39 -0400

Investing.com -- Kepler Cheuvreux upgraded UK warehouse landlord Segro Plc (LON:SGRO) to "buy" from "hold" and lifted its price target by nearly 30%, saying the stock remains undervalued even if takeover interest from Prologis does not materialise.

The brokerage raised its price target to 1,010 pence from 780 pence, arguing that greater management disclosure has strengthened confidence in SEGRO’s long-term earnings potential and intrinsic value.

Kepler Cheuvreux said Prologis’ potential interest in SEGRO has prompted investors to focus on what a buyer might be willing to pay rather than the company’s standalone value. It argued that enhanced disclosures allow

Kepler Cheuvreux upgrades SEGRO to buy, lifts target price by nearly 30%

Fri, 17 Jul 2026 06:55:39 -0400

Combining SEGRO and Prologis - A Credible Path to Value Creation