Prologis makes third acquisition offer for Segro valued at £13.5bn
Type: Acquisition · Technology: Data Center · Country: United Kingdom · Value: $18.09B · Announced: 2026-07-16
Prologis offered to acquire Segro in a cash‑and‑share proposal on 16 July 2026, valuing Segro at £13.5 billion ($18.09 billion). The offer includes a share price of £9.93 per Segro share and an optional cash component of up to £2.7 billion. Segro, a UK‑based industrial and data‑center developer, rejected the proposal, stating the price falls short of its own valuation of £11.91 billion market cap. The transaction would combine Prologis’s 5.6 GW of power‑committed data‑center projects with Segro’s ~3 GW pipeline across Europe. If completed, Segro shareholders would own about 9.2 % of the enlarged Prologis entity, creating a larger transatlantic logistics and data‑center platform. Prologis has not disclosed any advisors, and the offer remains subject to board approval.
Counterparties
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