MarketPR
Persistent has agreed to launch a voluntary public takeover offer for all outstanding Nagarro shares at EUR 81 apiece in cash, the two companies announced after signing a Business Combination Agreement.
The bid carries a premium of roughly 140% to Nagarro's undisturbed closing price on June 25, 2026, and approximately 94% to the three-month reference price.
If completed, the deal would unite the two firms under the Persistent - Nagarro Group banner, with the combined entity targeting a position as a global leader in AI-led digital engineering.
A Striking Premium Signals Strategic Urgency At EUR 81 per share, Persistent is paying well above where Nagarro was trading before deal speculation entered the market.
Keep reading