Prologis and AMB agree 'merger of equals'

By A staff reporter 2011-01-31T00:00:00

US listed firms Prologis and AMB Corporation have agreed what they describe as a 'merger of equals'. The combined global industrial property specialist will have a pro forma equity market capitalisation of $14 bn (EUR 10 bn and about $46 bn (EUR 34 bn) of assets under management.

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