Segro and Prologis agree final terms on £13.5bn takeover deal Proactive uses images sourced from ShutterstockSegro PLC (LSE:SGRO) has agreed to a £14 billion takeover by US logistics property group Prologis, bringing one of Britain's largest real estate investment trusts under American control. Under the recommended offer, investors in the FTSE 100 warehouse owner will receive 0.092 Prologis shares for each share they own. Based on Prologis's share price and exchange rates on 21 July, when the Segro board said last month that it was minded to accept a deal, the deal valued Segro at 1,031.7p per share. However, the value had fallen to 998.1p per share by this week, or around £13.5 billion, because most of the consideration is linked to the Prologis share price and sterling-dollar exchange rate. Prologis has only secured irrevocable undertakings covering 0.245% of issued share capital, from the Segro board's personal holdings.