{"id":1042611,"date":"2026-10-12T11:16:55","date_gmt":"2026-10-12T05:46:55","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1042611"},"modified":"2026-10-12T12:17:05","modified_gmt":"2026-10-12T06:47:05","slug":"persistent-to-squeeze-out-existing-nagarro-shareholders-en-route-to-become-seventh-largest","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/10\/12\/persistent-to-squeeze-out-existing-nagarro-shareholders-en-route-to-become-seventh-largest\/","title":{"rendered":"Persistent to squeeze out existing Nagarro shareholders en route to become seventh-largest"},"content":{"rendered":"<p>Persistent Systems is on track to become the seventh-largest tech services firm in the country after lifting its stake in the German software engineering firm to 94%, a level that can enable a buyout of existing Nagarro shareholders into a merged entity, under German regulations.<\/p>\n<p>The move effectively removes the biggest uncertainty around Persistent&#8217;s $1.3 billion acquisition, announced in June, and sets the stage for integrating Nagarro into its operations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Persistent Systems is on track to become the seventh-largest tech services firm in the country after lifting its stake in the German software engineering firm to 94%, a level that can enable a buyout of existing Nagarro shareholders into a merged entity, under German regulations. The move effectively removes the biggest uncertainty around Persistent&#8217;s $1.3 billion acquisition, announced in June, and sets the stage for integrating Nagarro into its operations.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-1042611","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1042611","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\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1042611"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1042611\/revisions"}],"predecessor-version":[{"id":1042612,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1042611\/revisions\/1042612"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1042611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1042611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1042611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}