UK industrial property REIT Segro has confirmed that it has approached its struggling peer, Brixton, about a potential takeover bid. In a statement on Friday, Segro said it envisaged that any offer would be in Segro shares but it said it reserves the right to vary the form of consideration. The company added: 'Segro would like to emphasise that there can be no certainty that an offer for Brixton will be forthcoming. A further announcement will be made in due course if appropriate.'
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