Segro's board has said it is now "minded to accept" the offer from Prologis, in a deal that would be one of the largest foreign takeovers of a UK-listed company. In a statement last week, Segro said its board had “unanimously concluded” it would recommend its shareholders accept what Prologis called its “best and final offer”, made just hours before a deadline. Segro owns 10.9m sq m of space across Europe and its tenants have changed with the times. The company says its Slough trading estate is now home to the second largest portfolio of datacentres in the world. It has said that the Radlett freight terminal will create 4,000 jobs and boost economic growth in the area.