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Evening Standard
Evening Standard
Business
Henry Saker-Clark

Segro agrees £14 billion takeover from US firm Prologis

Warehouse giant Segro has agreed to buy rival Tritax EuroBox in a deal worth around £552m (Alamy/PA) -

British warehouse developer Segro has accepted a £14 billion takeover offer from US suitor Prologis.

The agreement comes after a weeks-long battle by the rival firm to take control of the FTSE 100 group and is the latest in a flurry of overseas takeovers of UK businesses.

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