Prologis-Segro Mega-Merger Reshapes Global Logistics

Prologis agreed to acquire Segro for £14 billion, potentially creating the world’s largest logistics and data-center landlord; regulatory approvals and integration remain pending. Prologis reports improving warehouse leasing and demand from data-center supply-chain tenants, while its $5-billion at-the-market equity program adds funding flexibility but could dilute shareholders.