British warehouse developer Segro has accepted a £14 billion takeover offer from US suitor Prologis. Segro had previously rebuffed three takeover offers from Prologis, with the most recent previous move worth about £13.5 billion. Late last month Prologis laid down a £14 billion “best and final offer” for the London-based group. Prologis will pay 1,032p for each Segro share, with shareholders to be paid largely through stock, as well as £3.5 billion in cash. The expanded Prologis business will then apply for a secondary share listing in London.