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北京时间·🕒 发布 18:10:29(伦敦 11:10)·⟳ 抓取 18:10:29 +0s·⚡ 决策 07-22 18:37:46 +27m17s·97.2 天前
Prologis将对SEGRO的收购报价提高至每股1032便士并称为最终报价
Prologis把对SEGRO的第四次报价提高至1032便士、总估值约140亿英镑，对SEGRO股东是正向收购溢价事件。
📄 原文Financial Times↗ 原文
Prologis makes final offer of £14bn for Segro
Prologis makes final Segro offer of £14bn US real estate giant Prologis has increased its bid for London-listed rival S…
不做 SEGRO（SGRO.GB）
并购利好方向明确但不是确定交易，报价仍低于SEGRO此前13英镑价值主张，且无法确认当前价到1032便士之间仍有足够套利空间，不做。
不做 Prologis（PLD.US）
收购方影响双向，最新报价下PLD.US仍涨1.67%，没有明确同向做空或做多edge，不做。
展开详情(成交明细 / 研究档案 / 原文全文 / 决策记录链)
研究档案
🔎 新鲜度:最早出现 2026-07-22 · 扩散 medium · price-in 风险 medium ↗
消息传播链
- Prologis此前已提出993便士报价、估值约135亿英镑，说明收购主线已提前传播。
- FT报道Prologis把报价提高到1032便士并称为best and final offer，同时面临当日截止期限。市场反应:Prologis（PLD.US）最新149.94美元、涨1.67%，未见收购方显著承压。
关键理由
- Prologis把对SEGRO的第四次报价提高至1032便士、总估值约140亿英镑，对SEGRO股东是正向收购溢价事件。
- 但该报价仍低于SEGRO此前所称约13英镑独立价值，且Prologis只是要求延长英国收购规则下的期限，尚不是已获董事会支持的确定交易。
- Prologis（PLD.US）盘前/最新报价149.94美元、涨1.67%，说明市场未把该交易视为对收购方的明显新增利空。
主要风险
- SEGRO董事会可能继续拒绝或不申请延期，事件在当天英国PUSU截止日前存在走开风险。
- SEGRO实时可成交价未能通过行情工具取得，无法确认当前价到1032便士报价之间是否仍有足够并购套利空间。
反向证据
- 做多前查反向 · 来源 web · 日期 2026-07-22 · 影响 weakens
报道显示SEGRO此前认为独立价值约13英镑且Prologis仍需董事会配合延期，交易确定性不足。
检索:SEGRO Prologis 1032p offer rejected independent value 13 pounds deadline 原文 ↗ - 做空前查反向 · 来源 stock_quote · 日期 2026-07-22 · 影响 none
Prologis最新价149.94美元、涨1.67%，市场未确认收购方短线利空。
检索:PLD.US stock_quote full Prologis Segro offer market reaction
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原文全文
展开原文 · 1,475 字
Prologis makes final Segro offer of £14bn
US real estate giant Prologis has increased its bid for London-listed rival Segro to a “best and final” offer of £14bn as it faces a Wednesday deadline in its takeover pursuit.
In a statement on Wednesday, Prologis said it has increased its offer to 1,032p per share, up from an offer of 993p that valued the company at £13.5bn announced on Monday.
The fourth bid comes after Segro had insisted that remaining as an independent company would provide superior returns for its shareholders and said its shares had been valued at about £13.
“We have listened to feedback from shareholders and this morning, we have improved our proposal to make a compelling offer to the Segro Board. We run Prologis with discipline and this is our best and final offer,” Dan Letter, chief executive of Prologis, said.
The latest bid also contains a £3.5bn cash alternative. Segro investors would own about 9 per cent of Prologis following a combination if the cash option is fully taken up.
Prologis has been increasing pressure on Segro in recent days to engage with its overtures. Letter told the FT on Tuesday that the UK group was relying on “very aspirational” projections as it resisted the takeover bid.
Under UK takeover regulations, Prologis faces a deadline on Wednesday to make a firm offer or walk away. The group requested in its statement that Segro seek an extension of the deadline to allow for further talks.
This is a developing story
US real estate giant Prologis has increased its bid for London-listed rival Segro to a “best and final” offer of £14bn as it faces a Wednesday deadline in its takeover pursuit.
In a statement on Wednesday, Prologis said it has increased its offer to 1,032p per share, up from an offer of 993p that valued the company at £13.5bn announced on Monday.
The fourth bid comes after Segro had insisted that remaining as an independent company would provide superior returns for its shareholders and said its shares had been valued at about £13.
“We have listened to feedback from shareholders and this morning, we have improved our proposal to make a compelling offer to the Segro Board. We run Prologis with discipline and this is our best and final offer,” Dan Letter, chief executive of Prologis, said.
The latest bid also contains a £3.5bn cash alternative. Segro investors would own about 9 per cent of Prologis following a combination if the cash option is fully taken up.
Prologis has been increasing pressure on Segro in recent days to engage with its overtures. Letter told the FT on Tuesday that the UK group was relying on “very aspirational” projections as it resisted the takeover bid.
Under UK takeover regulations, Prologis faces a deadline on Wednesday to make a firm offer or walk away. The group requested in its statement that Segro seek an extension of the deadline to allow for further talks.
This is a developing story
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