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Segro Shareholders OK Proposed Takeover by Prologis

MT Newswires·09/28/2026 09:22:18
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09:22 AM EDT, 09/28/2026 (MT Newswires) -- Segro's (SGRO.L) proposed sale to Prologis (0KOD.L, PRLD.VI) secured shareholder approval at the court and general meetings held earlier on Monday. The scheme of arrangement linked to the deal is expected to take effect in the first half of 2027, subject to the fulfillment or waiver of the remaining conditions, including court sanction, according to a same-day release. On Aug. 4, US logistics real estate company Prologis announced a share offer with a partial cash alternative for British real estate investment trust Segro, valuing the latter at $18.8 billion.