Segro hit a nine-month high in its share price this week amid speculation that the group could be a takeover target.
Shares rose 6.3% during the week following news that US peers ProLogis and AMB would merge to create the world’s largest industrial real estate company.
The merger stoked hopes of bid interest, either for the enlarged ProLogis or from one of its smaller rivals looking to compete in Europe.
Financial Times 05/02/11 page 22
