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.
NYSE-listed Prologis has publicly announced a potential takeover bid for FTSE 100 logistics property group Segro after its initial offer was rejected. On June 30, Prologis intensified its bid to acquire Segro following the rejection of its $16.6 billion all-stock offer. On July 2, the FTSE 100 jumped 175 points to reach 10,654, marking a two-month high for the index.