Segro agrees £14 billion Prologis takeover dealWarehouse developer Segro has accepted a £14 billion takeover offer from Prologis. Segro had previously rebuffed three offers, with the most recent failed move worth about £13.5 billion. San Francisco-based 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. Daniel Letter, Prologis chief executive, added: “We have great respect for Segro, its people and the business they have built over many years.