Successful public takeover bid for Nagarro filed by Persistent
Summary
Persistent has secured a successful takeover bid for Nagarro after reaching about 83.25% of the company’s capital and voting rights. Shareholders still have a two-week additional acceptance period from September 23 to October 6, 2026, to tender shares for 81.00 euros in cash per share. Persistent also plans to delist Nagarro from the Frankfurt regulated market and other trading venues as soon as legally possible. The transaction is expected to close by the end of the first quarter of 2027, pending remaining regulatory approvals.
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Linked Companies
Persistent Systems
$250M to $500M
Nagarro
$500M to $1B