Persistent secures 83.25% of Nagarro in takeover offer, triggers additional acceptance period
Bitget2026/09/22 14:27- 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: 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.
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