Segro (SGRO LN) confirms they have rejected Prologis' third proposal at GBP 9.93/shr
Segro's rejection of Prologis' third bid at GBP 9.93 per share indicates strong resistance to the acquisition, signaling their belief that the offer undervalues the company.
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Segro (SGRO LN) confirms they have rejected Prologis' third proposal at GBP 9.93/shr
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This decision could imply a strategic direction for Segro, potentially keeping them independent as they pursue alternative growth avenues. Investors may interpret this as a positive sign for Segro's long-term value, which could have implications for related sectors within industrial REITs.
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