The UK warehouse landlord Segro is at the centre of the latest transatlantic takeover battle after rejecting a £12.6bn takeover approach from the US rival Prologis.
Prologis has gone public with its offer for the FTSE 100 company after it was “unequivocally rejected” by Segro’s board on Tuesday despite valuing the company at almost 25% more than its market value at that day’s close.
