Prologis announced Tuesday that it will move forward with a plan to acquire London-based logistics warehouse operator Segro. Prologis (NYSE: PLD) also announced Tuesday a public offering for 15 million shares of common stock to help fund the transaction. Adding Segro (LSE.SGRO) will expand Prologis' European portfolio by 47% to 368 million square feet and give it a development pipeline on the continent totaling 13 million square feet. Segro's stockholders will receive 0.092 new Prologis shares for each share held, with the option to receive up to 25% in cash. More FreightWaves articles by Todd Maiden:The post Prologis says $18.8B takeover of Segro moving forward appeared first on FreightWaves.