22-Sept-2026 17:14:17
PERSISTENTAcquisition and merger
PERSISTENT : COMPLETES VOLUNTARY PUBLIC TAKEOVER OFFER FOR NAGARRO SE
• Persistent Systems Limited has secured 7,568,145 shares representing 61.15% of Nagarro SE's outstanding share capital via Voluntary Public Takeover Offer. • Company also secured a 22.10% stake under a share purchase agreement, bringing aggregate shareholding to 83.25%. • Persistent intends to terminate the admission of Nagarro shares to trading on the Frankfurt Stock Exchange post-acquisition. • Persistent expects the transaction to close by the end of Q1 CY27, subject to regulatory approvals. Impact: Successful takeover and increased stake in Nagarro SE, with strategic intent to delist.
Persistent Systems Limited
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