Prologis is the world’s largest owner of logistics real estate, fueling supply chains with 6,000+ buildings across 20 countries and a growing Essentials business.
Mitie has accepted an offer from OCS Group valuing the company at about £3.1 billion, with shareholders set to receive up to 221.6p per share in cash and dividends. The deal, subject to shareholder and court approval, aims to accelerate growth and expand service capabilities. OCS Group would add Mitie’s 84,000-strong workforce and key contracts across government, NHS, transport hubs and airports to a larger UK facilities-management platform.
Segro has accepted Prologis’ best-and-final cash-and-stock offer and extended the put-up-or-shocket deadline to 12 August. The deal values Segro at about £10.32 per share and would create a pan-European warehouse giant focused on AI datacentres and online retail logistics.
GSK has announced a 1.9 billion cost-cutting programme and a shift of more than 1,000 scientists to a new Cambridge R&D campus from Stevenage by 2029, part of broader plans to cut costs and expand late-stage trials.