Segro bids for Brixton

Segro has made a statement saying it is one of the bidders for Brixton.

Brixton announced it was in discussions about a possible takeover, and Segro has now issued a statement to confirm they have made an approach.

They say they confirm that they have "made a preliminary approach to the Board of Brixton with a view to entering into discussions about a possible offer for Brixton".

They say that any offer that emerges is likely to be a paper one – involving Segro shares rather than cash, and as Brixton did earlier, they caution that they are not certain to make an offer at all, they're just talking about it.

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