Persistent Systems to acquire up to 100% stake in Nagarro SE
pre-market1 source ↓written by the desknot a recommendation
- in Nagarro SE
- 100% stake
- purchase
- 21% stake
Persistent Systems Limited is set to acquire up to 100% stake in Nagarro SE, advised by Khaitan & Co. This includes a 21% stake purchase at EUR 81 per share from Lantano Beteiligungen GmbH and a voluntary public takeover offer for the remaining shares at the same price. The deal is expected to close in Q4 CY2026/Q1 CY2027.
This acquisition may enhance Persistent Systems' market position and expand its service offerings, potentially impacting investor sentiment positively.
Not investment advice. For informational purposes only.