The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
As the proposed merger between Prologis and SEGRO progresses through regulatory stages, mandatory disclosures have revealed institutional ownership levels. State Street Global Advisors disclosed a 6.03% stake in Prologis, and Northern Trust Corporation disclosed a 1.26% stake in SEGRO, both filed under Rule 8.3 of the UK Takeover Code. These filings are required when an investor holds an interest in relevant securities during an offer period, signalling active positioning by large asset managers.
Sign in to access this content
Sign InThe disclosures come as Prologis, the US-based industrial REIT, pursues its acquisition of UK-based peer SEGRO, a deal that would create a global warehouse giant. According to market data, Prologis shares closed at $139.97 on June 26, 2026, with a session high of $141.87. The filings confirm that major institutional investors are engaging with the offer, though the exact nature of their positions—whether long-only or arbitrage—remains undisclosed. Such 8.3 filings are routine in UK takeovers and do not necessarily indicate a vote of confidence or opposition.
Investors now await the next steps in the merger process, including shareholder votes and antitrust clearances in the US and EU. Prologis stock is trading near its recent range, with support around $138.98 and resistance at $141.87 based on last week's price action. Any further regulatory filings or competing bids could move the stock. The deal is expected to close in the second half of 2026, subject to conditions.