UK's Segro rejects $16.6 billion takeover bid by US logistics major Prologis

Prologis, Inc.

Prologis, Inc.

PLD

0.00

- U.S. logistics major Prologis PLD.N said on Wednesday London-listed warehouse landlord SEGRO SGRO.L rejected its all-share takeover proposal, which valued the British company at about £12.6 billion ($16.62 billion).

($1 = 0.7580 pounds)