{"id":1017378,"date":"2026-06-29T08:14:08","date_gmt":"2026-06-29T02:44:08","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1017378"},"modified":"2026-06-29T08:19:32","modified_gmt":"2026-06-29T02:49:32","slug":"persistent-systems-to-acquire-germany-based-nagarro-to-launch-public-offer-at-81-euros-per-share","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/06\/29\/persistent-systems-to-acquire-germany-based-nagarro-to-launch-public-offer-at-81-euros-per-share\/","title":{"rendered":"Persistent Systems to acquire Germany-based Nagarro, to launch public offer at 81 euros per share"},"content":{"rendered":"<p>IT sector company Persistent Systems is looking to acquire Germany-based IT services provider Nagarro. In an exchange filing, Persistent said that it has acquired a 21 percent stake in the German company through a subsidiary. Additionally, the company will launch a public offer to acquire the remaining shares at 81 euros per share. <\/p>\n<p>Persistent said that the all-cash offer represents a highly attractive premium of about 140% to the undisturbed closing price on June 25, 2026, and about 94% to the three-month volume-weighted average price.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IT sector company Persistent Systems is looking to acquire Germany-based IT services provider Nagarro. In an exchange filing, Persistent said that it has acquired a 21 percent stake in the German company through a subsidiary. Additionally, the company will launch a public offer to acquire the remaining shares at 81 euros per share. Persistent said that the all-cash offer represents a highly attractive premium of about 140% to the undisturbed closing price on June 25, 2026, and about 94% to the three-month volume-weighted average price.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-1017378","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1017378","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1017378"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1017378\/revisions"}],"predecessor-version":[{"id":1017398,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1017378\/revisions\/1017398"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1017378"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1017378"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1017378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}