FTSE 100 Segro agrees to £14bn takeover by Prologis

cityam08-04 14:43

Segro boss David Sleath had accused Prologis of an "opportunistic" swoop FTSE 100 property firm Segro has agreed to a £14bn takeover by Prologis, bringing an end to a long tussle between the two real ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2656634538?lang=en_US&edition=fundamental","thumbnail":"https://www.cityam.com/wp-content/uploads/2026/06/David-Sleath-Chief-Executive-Officer-1.jpeg?w=286&h=161&crop=1","is_english":true,"pubTime":"2026-08-04 14:43","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2656634538","market":"nz","top_or_hot":-1,"title":"FTSE 100 Segro agrees to £14bn takeover by Prologis","media":"cityam","content":"<div>\n<p>Segro boss David Sleath had accused Prologis of an \"opportunistic\" swoop FTSE 100 property firm Segro has agreed to a £14bn takeover by Prologis, bringing an end to a long tussle between the two real ...</p>\n\n<a href=\"https://www.cityam.com/prologis-confirms-14bn-takeover-of-ftse-100-segro/\">Source Link</a>\n\n</div>\n","source":"cityam_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>FTSE 100 Segro agrees to £14bn takeover by Prologis</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFTSE 100 Segro agrees to £14bn takeover by Prologis\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-08-04 14:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cityam.com/prologis-confirms-14bn-takeover-of-ftse-100-segro/><strong>cityam</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Segro boss David Sleath had accused Prologis of an \"opportunistic\" swoop FTSE 100 property firm Segro has agreed to a £14bn takeover by Prologis, bringing an end to a long tussle between the two real ...</p>\n\n<a href=\"https://www.cityam.com/prologis-confirms-14bn-takeover-of-ftse-100-segro/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"USRT","symbol_name":"iShares Core U.S. REIT ETF","start_time":0,"source_url":"https://www.cityam.com/prologis-confirms-14bn-takeover-of-ftse-100-segro/","article_id":"2656634538","we_media_id":null,"thumbnails":["https://www.cityam.com/wp-content/uploads/2026/06/David-Sleath-Chief-Executive-Officer-1.jpeg?w=286&h=161&crop=1"],"rights":{"source":"cityam_highlight","url":"https://www.cityam.com/prologis-confirms-14bn-takeover-of-ftse-100-segro/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2656634538","pubTimestamp":1785825819,"columns":[],"sourceInfo":{"source_id":"cityam_highlight","name":"cityam"},"weMediaInfo":null,"summary":"Segro boss David Sleath had accused Prologis of an \"opportunistic\" swoop FTSE 100 property firm Segro has agreed to a 14bn takeover by Prologis, bringing an end to a long tussle between the two real estate giants and striking another blow to the London Stock Exchange.The US-based commercial landowner said on Tuesday that it has reached an agreement with Segro’s board which values the British firm at 14.3bn.The takeover will complete in the first half of next year, and will see Segro shareholders receive 0.92 Prologis shares for each Segro share, with a partial cash alternative of 3.5bn. The deal will bring about the latest high-profile exit from the London Stock Exchange, with 11 firms worth over 1bn having now quit the market via takeovers this year.","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"USRT":"iShares Core U.S. REIT ETF","URE":"两倍做多房地产ETF-ProShares","RITA":"ETFB GREEN SRI REITS ETF","DTRE":"First Trust Alerian Disruptive Technology Real Estate ETF","RWO":"全球房地产ETF-SPDR","GQRE":"FlexShares Global Quality Real E","TRUR":"VanEck Real Estate TruSector ETF","ICF":"不动产指数ETF-iShares","RWR":"SPDR DJ Wilshire REIT ETF","CRED":"COLUMBIA RESEARCH ENHANCED REAL ESTATE ETF","INDS":"PACER INDUSTRIAL REAL ESTATE ETF","VGSR":"VERT GLOBAL SUSTAINABLE REAL ESTATE ETF","AVRE":"Avantis Real Estate ETF","CLIM":"Climate Global - Climate Resilient REIT Index ETF","BK4171":"工业房地产投资信托","DFGR":"DIMENSIONAL GLOBAL REAL ESTATE ETF","SPRE":"SP Funds S&P Global REIT Sharia ETF","XLRE":"Real Estate Select Sector SPDR Fund","BK4534":"瑞士信贷持仓","BK4567":"ESG概念","PPTY":"U.S. Diversified Real Estate ETF","BK4582":"ESG ETF-MSCI","BK4585":"ETF&股票定投概念","WTRE":"WisdomTree New Economy Real Estate Fund","PLD":"安博","REET":"iShares Trust iShares Global REIT ETF","BK4224":"工业房地产信托","BBRE":"JPMorgan BetaBuilders MSCI US REIT ETF","ERET":"ISHARES ENVIRONMENTALLY AWARE REAL ESTATE ETF","IYR":"房地产指数ETF-iShares道琼斯","FREL":"Fidelity MSCI Real Estate Index ETF","DFAR":"Dimensional US Real Estate ETF","IYRI":"NEOS Real Estate High Income ETF","PSR":"Invesco Active U.S. Real Estate ETF","DPRE":"Virtus Duff & Phelps Real Estate Income ETF","SCHH":"Schwab U.S. REIT ETF","JPRE":"JPMorgan Realty Income ETF","FLGB":"Franklin FTSE United Kingdom ETF","JRE":"Janus Henderson U.S. Real Estate ETF","VNQ":"不动产信托指数ETF-Vanguard","REIT":"ALPS Active REIT ETF","BK4588":"碎股","FKU":"First Trust United Kingdom AlphaDEX Fund","FRI":"不动产投资信托指数ETF-First Trust S&P","RNTY":"YIELDMAX TARGET 12 REAL ESTATE OPTION INCOME ETF"},"translate_title":"富时 100 指数 Segro 同意普洛斯以 140 亿英镑收购","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RITA":0.6,"FREL":0.6,"DFGR":0.6,"ERET":0.6,"JRE":0.6,"RNTY":0.6,"PSR":0.6,"INDS":0.6,"FRI":0.6,"RWO":0.6,"VGSR":0.6,"CLIM":0.6,"XLRE":0.6,"SCHH":0.6,"JPRE":0.6,"REIT":0.6,"FLGB":1.5,"TRUR":0.6,"IYRI":0.6,"SPRE":0.6,"REET":0.6,"ICF":0.6,"PLD":1.5,"URE":0.6,"AVRE":0.6,"RWR":0.6,"BBRE":0.6,"IYR":0.6,"VNQ":0.6,"USRT":0.6,"GQRE":0.6,"DFAR":0.6,"PPTY":0.6,"DPRE":0.6,"DTRE":0.6,"FKU":1.5,"CRED":0.6,"WTRE":0.6},"content_text":"Segro boss David Sleath had accused Prologis of an \"opportunistic\" swoop FTSE 100 property firm Segro has agreed to a £14bn takeover by Prologis, bringing an end to a long tussle between the two real estate giants and striking another blow to the London Stock Exchange. The US-based commercial landowner said on Tuesday that it has reached an agreement with Segro’s board which values the British firm at £14.3bn. The takeover will complete in the first half of next year, and will see Segro shareholders receive 0.92 Prologis shares for each Segro share, with a partial cash alternative of £3.5bn. The deal will bring about the latest high-profile exit from the London Stock Exchange, with 11 firms worth over £1bn having now quit the market via takeovers this year.\n\nDaniel Letter, chief executive of Prologis, said: “This deal brings together Segro’s exceptional portfolio and customer relationships with Prologis’ global platform, operating expertise and financial strength.\n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n“We look forward to building on the strengths of both companies and creating even greater value for our customers and shareholders.”Deal ‘will create compelling platform’David Sleath, Segro’s chief executive, said: “Prologis shares our conviction in the long-term structural drivers underpinning demand for modern logistics and data centre infrastructure. “We believe the combination would bring together two highly complementary businesses and create a compelling platform.”","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"2","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.0","shortVersion":"4.47.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2656634538","isCrawlerRequest":true}