FTSE 100 property giant Segro rejects third Prologis bid

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Segro has rejected a second and third takeover bid from US rival Prologis, as the tussle between the two property giants steps up a gear.

The FTSE 100 real estate firm rejected Prologis’ latest bid last week, which amounted to £9.93 per share and valued the group’s total shares at £13.5bn.

Prologis said its latest https://www.cityam.com/ftse-100-property-giant-segro-rejects-13-5bn-prologis-bid/">[...]