Segro

Prologis, a US-based real estate investment trust, has proposed a £12.6bn takeover of FTSE 100 property firm Segro, a bid that Segro's board has rejected as undervaluing its logistics and data centre portfolio.

Summary of transaction details:

• Value: £12.6bn
• Sector: Real Estate
• Advisor: Not disclosed
• Key Entities: Prologis (Acquirer), Segro (Target)
• Location: United Kingdom / United States

Note: The rationale centres on Prologis seeking to expand its global logistics and data centre footprint, while Segro argues its independent pipeline and asset value offer superior shareholder returns.