M&A radar: DB Schenker + USA Truck Inc – the stock price says it all
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Whopping M&A deals don’t normally slide under the radar but this one might have passed you by.
US-based supply chain landlord Prologis has acquired US/UK-focused Liberty Property in an all-share deal worth $12.6bn, including Liberty’s debt, we were informed on Sunday.
Having only recently completed the $8.5bn all-share acquisition of DCT Industrial Trust, Prologis has now (subject to approval of course) executed more than $20bn in transactions, putting itself at the forefront of global consolidation in the sector – and of course, ...