Segro
Coverage of Segro in the Nexus archive.
- Segro lays out defence as it battles £12.6bn takeover attempt by US rival
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.
- UK warehouse landlord Segro rejects £12.6bn takeover offer from US rival
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 rejects £12.6bn takeover bid from US rival Prologis
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.
- Iran war hits datacenter building supply chains, upping costs
The Iran conflict is causing supply-chain disruptions and increasing material costs for datacenter construction projects, with some materials seeing price increases of up to 20 percent. The closure of the Strait of Hormuz is affecting the global supply of oil-based building materials, leading to shortages and higher costs. This is exacerbating existing challenges in the datacenter construction industry, such as land availability and skills shortages.