BUZZ-UK's Segro jumps after signalling support for $18.8 billion takeover bid

Prologis, Inc.

Prologis, Inc.

PLD

0.00

** Shares of British warehousing group Segro SGRO.L up 6.9% at 956.6p; top gainer on the FTSE 100 index .FTSE

** Stock hits highest since September 2022

** Segro said on Wednesday it was minded to back Prologis PLD.N £14 billion ($18.73 billion) takeover bid and secured a last-minute extension to the takeover deadline

** SGRO has risen ~33% so far this year



($1 = 0.7475 pounds)


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