Persistent Systems to acquire Germany-based Nagarro, to launch public offer at 81 euros per share
Published on: June 27, 2026, 3:07 p.m. | Source: The Financial Express
Persistent Systems has launched a bid to acquire Germany-based IT services firm Nagarro, beginning with a 21% stake acquisition and a public offer for the remaining shares at 81 euros each. The proposed €1.5 billion deal aims to strengthen Persistent's global AI, cloud, engineering and enterprise technology capabilities.
