BRIEF-Prologis To Combine With Duke Realty In $26 Billion All-Stock Transaction

June 13 (Reuters) - Prologis Inc (PLD):

* PRESS RELEASE - PROLOGIS TO COMBINE WITH DUKE REALTY IN $26 BILLION ALL-STOCK TRANSACTION

* PROLOGIS INC (PLD) - TRANSACTION IS ANTICIPATED TO CREATE IMMEDIATE ACCRETION OF APPROXIMATELY $310-370 MILLION

* PROLOGIS INC (PLD) - FUTURE SYNERGIES HAVE POTENTIAL TO GENERATE APPROXIMATELY $375-400 MILLION IN ANNUAL EARNINGS AND VALUE CREATION

* PROLOGIS INC (PLD) - UNDER TERMS OF AGREEMENT, DUKE REALTY SHAREHOLDERS WILL RECEIVE 0.475X OF A PROLOGIS SHARE FOR EACH DUKE REALTY SHARE THEY OWN

* PROLOGIS INC (PLD) - RESPECTIVE BOARD OF DIRECTORS FOR PROLOGIS AND DUKE REALTY HAVE UNANIMOUSLY APPROVED TRANSACTION

* PROLOGIS INC (PLD) - IN YEAR ONE, TRANSACTION IS EXPECTED TO INCREASE ANNUAL CORE FUNDS FROM OPERATIONS, EXCLUDING PROMOTES PER SHARE BY $0.20-$0.25

* PROLOGIS INC (PLD) - ON A CORE AFFO BASIS, EXCLUDING PROMOTES, DEAL IS EXPECTED TO BE EARNINGS NEUTRAL IN YEAR ONE Source text for Eikon: Further company coverage: