European defence contractor with automotive and defence divisions, headquartered in Düsseldorf
G7 leaders have pledged tougher sanctions and stepped-up industrial support for Ukraine after meetings in Evian, but U.S.-led mediation has stalled while President Trump has shifted focus to the Middle East. Russia has accused the U.S. of abandoning neutral mediation, and Russian strikes and Ukrainian long-range drone attacks have recently hit Russian infrastructure and Kyiv's historic Lavra monastery.
Germany has agreed with France to take a large stake in Franco‑German defence group KNDS and to set joint governance, clearing the way for a potential IPO. Berlin has said it intends to buy roughly 40% from family shareholders to secure long‑term influence over a firm that supplies tanks and armoured vehicles and supports European rearmament.
Prologis has made an all-share approach worth 925p a Segro share, valuing Segro at about 3.6bn. Segro’s board has rejected the bid as “a long way short” of value, arguing the US bid undervalues the business. Shares have rallied on the news, while broader property stocks are buoyed by falling gilt yields and hopes of cheaper financing.
Lime has priced its IPO at $25 per share and sold 6.68 million shares, valuing the company around $1.66 billion. Trading has begun on Nasdaq under the ticker LIME, with the stock showing initial strength amid a volatile market for micro-mobility firms.