Segro
Coverage of Segro in the Nexus archive.
- AstraZeneca could be Britain’s next loss
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 accepts £14bn takeover offer from US rival Prologis
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 makes final offer of £14bn for Segro
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 rejects £13.5bn bid by US rival Prologis in latest takeover twist
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 Rejects Fresh £13.5 Billion Cash and Share Prologis Offer
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.
- 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.