{"id":1017379,"date":"2026-06-29T08:15:09","date_gmt":"2026-06-29T02:45:09","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1017379"},"modified":"2026-06-29T08:19:41","modified_gmt":"2026-06-29T02:49:41","slug":"persistent-aquiring-german-co-nagarro-open-offer-at-eur-81","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/06\/29\/persistent-aquiring-german-co-nagarro-open-offer-at-eur-81\/","title":{"rendered":"Persistent aquiring German co Nagarro; open offer at EUR 81"},"content":{"rendered":"<p>In its largest-ever overseas acquisition, Persistent Systems announced a voluntary public takeover of outstanding shares of Nagarro Group, a global AI-led digital engineering company, at EUR 81 ($ 92) per share. Persistent has already secured a 21% stake in Nagarro, with Nagarro\u2019s largest shareholder committing its entire stake under a binding agreement. <\/p>\n<p>The all-cash offer is at a premium of 140% to the undisturbed closing price on June 25, 2026, and 94% to the three-month volume-weighted average price. Persistent will fund the transaction with committed financing from Barclays Bank. This acquisition will expand Persistent\u2019s technology services footprint in Europe.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In its largest-ever overseas acquisition, Persistent Systems announced a voluntary public takeover of outstanding shares of Nagarro Group, a global AI-led digital engineering company, at EUR 81 ($ 92) per share. Persistent has already secured a 21% stake in Nagarro, with Nagarro\u2019s largest shareholder committing its entire stake under a binding agreement. The all-cash offer is at a premium of 140% to the undisturbed closing price on June 25, 2026, and 94% to the three-month volume-weighted average price. Persistent will fund the transaction with committed financing from Barclays Bank. This acquisition will expand Persistent\u2019s technology services footprint in Europe.<\/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-1017379","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\/1017379","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=1017379"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1017379\/revisions"}],"predecessor-version":[{"id":1017399,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1017379\/revisions\/1017399"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1017379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1017379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1017379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}