British Siguro declines $18.2B Prologis bid

The British company "Sigro" rejected the acquisition offer from the American company "Prologis," which was valued at $18.2 billion. The "Sigro" board of directors announced unanimously their rejection of the second offer after valuing the company at £13.5 billion. They had previously rejected a June offer valued at £12.6 billion, considering it unfair and opportunistic in timing. "Prologis" announced that the new offer included a price of £9.93 per share, along with an alternative cash option of up to £2.7 billion.

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