Persistent Systems to acquire Germany-based Nagarro in $1.4bn deal
Key takeaways
- Persistent Systems to acquire Germany-based Nagarro in $1.4bn deal Persistent aims for global digital engineering scale with Nagarro buy. · Verdict · VIVEK PAYGUDE/Shutterstock.com.
- The Indian publicly listed technology company has launched a voluntary public takeover offer at €81 per share in cash.
- Persistent has already secured an approximately 21% stake in Nagarro through a share purchase agreement with Lantano Beteiligungen, which is the latter's largest shareholder.
Persistent Systems to acquire Germany-based Nagarro in $1.4bn deal Persistent aims for global digital engineering scale with Nagarro buy. · Verdict · VIVEK PAYGUDE/Shutterstock.com. BV Swagath Mon, June 29, 2026 at 4:34 PM GMT+7 4 min read NA9.DE PERSISTENT.NS Persistent Systems has agreed to acquire all shares of Germany-based digital engineering firm Nagarro in a deal worth approximately €1.27bn ($1.45bn).
The Indian publicly listed technology company has launched a voluntary public takeover offer at €81 per share in cash. This represents a premium of about 140% to Nagarro's undisturbed closing share price on 25 June 2026 and roughly 94% to its three-month volume-weighted average price.
Persistent has already secured an approximately 21% stake in Nagarro through a share purchase agreement with Lantano Beteiligungen, which is the latter's largest shareholder. The agreement was signed on the day of the announcement and is subject to standard regulatory approvals.