Persistent secures 83.25% of Nagarro in takeover offer, triggers additional acceptance period

Bitget2026/09/22 14:27

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Persistent’s cash offer for Nagarro cleared its minimum condition, reaching 83.25% of share capital and voting rights.
Offer acceptances totaled 7,568,145 shares, or 61.15%, during the initial period; a further 22.10% stake was secured from Lantano.
A two-week additional acceptance window runs Sept. 23 to Oct. 6, offering EUR 81 per share.
Persistent plans to pursue a delisting of Nagarro shares from Frankfurt’s Prime Standard, which could reduce trading liquidity.
Transaction closing is expected by the end of Q1 CY27, subject to remaining regulatory approvals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Persistent Systems Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202609221027PR_NEWS_USPR_____IO53818) on September 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Persistent secures 83.25% of Nagarro in takeover offer, triggers additional acceptance period

You may also like

Crypto prices