Deals of the day-Mergers and acquisitions

PolyPeptide AG

20/07/2026 11:25

June 20 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Monday:
     
** Britain's Segro <SGRO.L> rejected a higher £13.5 billion ($18.2 billion) takeover bid from Prologis <PLD.N>, escalating a standoff as the U.S. warehousing giant urged its rival's shareholders to push the board to agree a deal.
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** South Korea's Samsung Biologics <207940.KS> will launch a 1.46 billion Swiss francs ($1.81 billion) all-cash bid for Swiss contract drugmaker PolyPeptide <PPGN.S>, the companies said in separate statements.
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 (Compiled by Rajarshi Roy and Neil J Kanatt in Bengaluru)
 ((Neil.JKanatt@thomsonreuters.com))