Persistent Systems acquires Nagarro for $1.4 billion
after close1 source ↓written by the desknot a recommendation
- in Nagarro SE
- 100% stake
- SE for approximately
- $1.4 billion
- purchase
- 21% stake
Persistent Systems Limited has acquired up to 100% stake in Nagarro SE for approximately $1.4 billion. The deal includes a 21% stake purchase at EUR 81 per share and a public takeover offer for remaining shares at the same price. This strategic move may enhance Persistent's market position and service offerings.
Not investment advice. For informational purposes only.