Prologis

AstraZeneca's potential merger with Bristol Myers Squibb could shift more of its revenue away from the UK and Europe, possibly leading to a New York relisting. US regulatory demands might require commitments to US research, manufacturing, and employment, further distancing the company from the UK. Recent trends show UK-based firms increasingly relisting in New York or being acquired by US rivals.

Segro has accepted a £14 billion takeover offer from US-based Prologis. The US real estate group submitted a 'final' bid for the London-listed company last month.

Prologis, a US real estate giant, has made a final offer of £14 billion for Segro, a London-listed rival. This is Prologis's fourth attempt to acquire Segro, following a previous bid of £13.5 billion.

Segro, a London-listed group, has rejected a £13.5bn bid from US-based Prologis, marking the third offer in an ongoing takeover competition. The rejection highlights the escalating battle between the two logistics real estate firms.

Segro Plc has rejected a £13.5 billion cash and share acquisition proposal from Prologis Inc. for the UK warehouse landlord. The latest offer from Prologis was declined by Segro.

Prologis Inc. reported second-quarter funds from operations (FFO) of $1.63 per share, exceeding analysts' estimates of $1.53 per share. The company also posted revenue of $2.43 billion and adjusted revenue of $2.18 billion, with full-year FFO guidance set between $6.22 to $6.30 per share.

UK property group Segro is defending against a £12.6bn takeover attempt by US rival Prologis, arguing that the 925p per share offer undervalues its warehouse and data centres business.

Warehouse fires in California, fueled by automation, dense storage, and hazardous materials, are causing costly, toxic disasters. Recent incidents in Boyle Heights, Redlands, Carson Industrial Center, and Ontario highlight risks like toxic smoke, supply chain disruptions, and long-term environmental contamination.

Residents in Washington Township demand transparency after emails revealed secret discussions between the township and a data center developer. The emails, obtained via a Freedom of Information Act request, showed plans for a data center on land zoned for recreation and rural use, requiring rezoning. Prologis, the developer, later withdrew its application.

UK warehouse landlord Segro has rejected a £12.6bn takeover offer from US rival Prologis, stating the proposal falls significantly below its valuation. Prologis made the offer public after it was 'unequivocally rejected' by Segro’s board.

Segro has rejected a £12.6bn takeover bid from US-based real estate company Prologis. Prologis is urging Segro shareholders to pressure the company’s board to engage in discussions.

Prologis, a major logistics company, is utilizing warehouse rooftops for community solar projects. Natasha Keefer, leading their Energy Solutions team, inspected a solar project on a warehouse in Oakland, California.

Wall Street maintains record highs despite rising oil prices amid uncertainty over the Iran war. Stocks gained slightly as corporate earnings outperformed expectations, while Pakistan's army chief meets Iranian officials to ease tensions. Oil prices rose 1.4% to $96.24 per barrel, reflecting market caution.