Prologis just upped its bid to $18.7 billion to buy Segro, the UK’s top warehouse landlord, and Segro’s board now backs the deal — offering shareholders more Prologis stock and a bigger cash payout. With extra time until August 12th to finalize, Prologis argues the merger will unlock value by combining portfolios and slashing funding costs for expansion. Investors are already responding, with Segro’s stock soaring — a sign this consolidation could reshape the global logistics real estate landscape.
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