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Prologis Makes Third Bid for Segro Worth £13.5bn

Segro's Board of Directors Faces Pressure Amid Latest Prologis Bid The repeated attempts by US based logistics giant Prologis to acquire British warehouse property developer Segro are starting to raise more questions about the UK firm's board of directors than its valuation.

For the third time, Prologis has put forward a bid worth £13. 5 billion, this time with an improved proposal worth £9.

93 per share – a 34% increase on Segro's closing share price before the takeover interest was made public.

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