← Segro overview

Segro vs Sagax AB Series B: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

Segro Plc (SGRO.LSE)

Q3 2026
▲3

Segro agrees £14bn Prologis takeover after rejecting three bids

  • Segro accepts £14bn Prologis takeover Segro agreed to a recommended £14bn offer from Prologis, giving shareholders 1,032p per share — a 39% premium to the pre-bid price — mostly in Prologis stock plus £3.5bn cash. The deal is expected to complete in H1 2027, pending approvals.

    This is the final, definitive event that locks in the takeover premium and sets the future path for SGRO.LSE shares.

  • Warehouse demand recovers, led by Amazon and defence UK warehouse demand rebounded after three weak years, with net absorption turning positive and Amazon opening a 2 million sq ft facility at Segro's Northampton park. Defence and Chinese e-commerce tenants also expanded, supporting rents and occupancy across Segro's portfolio.

    It shows the underlying business is strengthening, which supports the value of Segro's properties and the takeover price.

  • Board rejected three earlier bids as too low Segro turned down three Prologis offers, including an enhanced £13.5bn bid, saying they undervalued the company and were timed to exploit a weak share price. That stance pushed Prologis to raise its offer to the final £14bn deal.

    It explains why the final price is higher and shows the board fought for shareholder value.

July 2026
▲3

Segro agrees £14bn Prologis takeover after rejecting three bids

  • Segro accepts £14bn Prologis takeover Segro agreed to a recommended £14bn offer from Prologis, giving shareholders 1,032p per share — a 39% premium to the pre-bid price — mostly in Prologis stock plus £3.5bn cash. The deal is expected to complete in H1 2027, pending approvals.

    This is the final, definitive event that locks in the takeover premium and sets the future path for SGRO.LSE shares.

  • Warehouse demand recovers, led by Amazon and defence UK warehouse demand rebounded after three weak years, with net absorption turning positive and Amazon opening a 2 million sq ft facility at Segro's Northampton park. Defence and Chinese e-commerce tenants also expanded, supporting rents and occupancy across Segro's portfolio.

    It shows the underlying business is strengthening, which supports the value of Segro's properties and the takeover price.

  • Board rejected three earlier bids as too low Segro turned down three Prologis offers, including an enhanced £13.5bn bid, saying they undervalued the company and were timed to exploit a weak share price. That stance pushed Prologis to raise its offer to the final £14bn deal.

    It explains why the final price is higher and shows the board fought for shareholder value.

Latest
▲3

Segro agrees £14bn Prologis takeover after rejecting three bids

  • Segro accepts £14bn Prologis takeover Segro agreed to a recommended £14bn offer from Prologis, giving shareholders 1,032p per share — a 39% premium to the pre-bid price — mostly in Prologis stock plus £3.5bn cash. The deal is expected to complete in H1 2027, pending approvals.

    This is the final, definitive event that locks in the takeover premium and sets the future path for SGRO.LSE shares.

  • Warehouse demand recovers, led by Amazon and defence UK warehouse demand rebounded after three weak years, with net absorption turning positive and Amazon opening a 2 million sq ft facility at Segro's Northampton park. Defence and Chinese e-commerce tenants also expanded, supporting rents and occupancy across Segro's portfolio.

    It shows the underlying business is strengthening, which supports the value of Segro's properties and the takeover price.

  • Board rejected three earlier bids as too low Segro turned down three Prologis offers, including an enhanced £13.5bn bid, saying they undervalued the company and were timed to exploit a weak share price. That stance pushed Prologis to raise its offer to the final £14bn deal.

    It explains why the final price is higher and shows the board fought for shareholder value.

Q2 2026
▲3

Prologis takeover bid for Segro rejected, but pursuit continues

  • Prologis takeover bid rejected Segro rejected a £12.6bn all-stock takeover bid from Prologis at 925p per share, a 24.6% premium. The board called it opportunistic and too low, believing Segro is worth more. Shares jumped 17% as investors saw a possible higher offer.

    This is the core event driving Segro's price: a takeover approach that lifts the shares and sets up a potential bidding war.

  • Prologis presses on with investor presentation Prologis published an investor presentation and urged Segro shareholders to push the board to engage, arguing it can unlock value in Segro's development and data centre pipeline. Segro shares rose 7.8% as the pursuit continued.

    Shows the bid is not dead and Prologis is actively campaigning, keeping upward pressure on Segro's shares.

  • Analysts see room for higher offer Analysts said Prologis, with a $139bn market value, can easily raise its bid. They noted Segro's development pipeline, urban logistics and data centre potential are undervalued, making the current terms unattractive and a higher offer likely.

    Reinforces the view that Segro could get a better price, supporting the shares.

  • Segro board resists, but deadline looms Segro's chairman called the offer inadequate and one-sided, insisting standalone plans can deliver more. Prologis has until 22 July to make a firm bid or walk away, leaving uncertainty over whether a deal will happen.

    This is the counterweight: board resistance and a regulatory deadline mean the outcome is not guaranteed, which could cap gains or cause a fall if the bid lapses.

June 2026
▲3

Prologis takeover bid for Segro rejected, but pursuit continues

  • Prologis takeover bid rejected Segro rejected a £12.6bn all-stock takeover bid from Prologis at 925p per share, a 24.6% premium. The board called it opportunistic and too low, believing Segro is worth more. Shares jumped 17% as investors saw a possible higher offer.

    This is the core event driving Segro's price: a takeover approach that lifts the shares and sets up a potential bidding war.

  • Prologis presses on with investor presentation Prologis published an investor presentation and urged Segro shareholders to push the board to engage, arguing it can unlock value in Segro's development and data centre pipeline. Segro shares rose 7.8% as the pursuit continued.

    Shows the bid is not dead and Prologis is actively campaigning, keeping upward pressure on Segro's shares.

  • Analysts see room for higher offer Analysts said Prologis, with a $139bn market value, can easily raise its bid. They noted Segro's development pipeline, urban logistics and data centre potential are undervalued, making the current terms unattractive and a higher offer likely.

    Reinforces the view that Segro could get a better price, supporting the shares.

  • Segro board resists, but deadline looms Segro's chairman called the offer inadequate and one-sided, insisting standalone plans can deliver more. Prologis has until 22 July to make a firm bid or walk away, leaving uncertainty over whether a deal will happen.

    This is the counterweight: board resistance and a regulatory deadline mean the outcome is not guaranteed, which could cap gains or cause a fall if the bid lapses.

▲3

Prologis takeover bid for Segro rejected, but pursuit continues

  • Prologis takeover bid rejected Segro rejected a £12.6bn all-stock takeover bid from Prologis at 925p per share, a 24.6% premium. The board called it opportunistic and too low, believing Segro is worth more. Shares jumped 17% as investors saw a possible higher offer.

    This is the core event driving Segro's price: a takeover approach that lifts the shares and sets up a potential bidding war.

  • Prologis presses on with investor presentation Prologis published an investor presentation and urged Segro shareholders to push the board to engage, arguing it can unlock value in Segro's development and data centre pipeline. Segro shares rose 7.8% as the pursuit continued.

    Shows the bid is not dead and Prologis is actively campaigning, keeping upward pressure on Segro's shares.

  • Analysts see room for higher offer Analysts said Prologis, with a $139bn market value, can easily raise its bid. They noted Segro's development pipeline, urban logistics and data centre potential are undervalued, making the current terms unattractive and a higher offer likely.

    Reinforces the view that Segro could get a better price, supporting the shares.

  • Segro board resists, but deadline looms Segro's chairman called the offer inadequate and one-sided, insisting standalone plans can deliver more. Prologis has until 22 July to make a firm bid or walk away, leaving uncertainty over whether a deal will happen.

    This is the counterweight: board resistance and a regulatory deadline mean the outcome is not guaranteed, which could cap gains or cause a fall if the bid lapses.

Sagax AB Series B (0QDX.LSE)

© 2026 MarketIVWhy