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Persistent Systems has signed a Business Combination Agreement with Nagarro and announced its intention to launch a voluntary public takeover offer for all outstanding Nagarro shares at EUR 81 per share, entirely in cash.
The all-cash bid represents a premium of approximately 140% to Nagarro's undisturbed closing price on June 25, 2026, and approximately 94% to the three-month reference price.
If completed, the two companies plan to operate as the Persistent-Nagarro Group, which the parties describe as a global leader in AI-led digital engineering.
A Premium Sized to Close the Deal At roughly 140% above the undisturbed last close, Persistent's offer is structured to make acceptance the rational choice for Nagarro shareholders.
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