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Prologis tables $18.8 billion takeover proposal for UK's Segro

Prologis tables $18.8 billion takeover proposal for UK's Segro

- U.S. logistics firm Prologis PLD.N on Wednesday proposed to buy Segro SGRO.L for about £14 billion ($18.8 billion), or £10.32 per share, its fourth proposal for the British warehouse landlord made hours ahead of a deadline expiry.

($1 = 0.7478 pounds)


(Reporting by Prerna Bedi and Nithyashree R B in Bengaluru; Editing by Subhranshu Sahu)

((Prerna.Bedi@thomsonreuters.com ; +91 98052 24616))

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