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Persistent Systems Boosts Nagarro Stake to 83.25%, Nears Delisting
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News18•22-09-2026, 18:30
Persistent Systems Boosts Nagarro Stake to 83.25%, Nears Delisting
- •Persistent Systems acquired an additional 61.15% stake in German digital engineering firm Nagarro SE, increasing its total holding to 83.25%.
- •The acquisition, executed through Galaxy Germany Holding SE, surpasses the 50% shareholding threshold required for the transaction.
- •A two-week additional acceptance period for Nagarro shareholders to tender shares at EUR 81 per share will commence on September 23, 2026.
- •Persistent Systems aims to create a global AI-led digital engineering powerhouse with a $2.9 billion revenue run rate.
- •Following the offer's consummation, Persistent plans to delist Nagarro's shares from the Frankfurt Stock Exchange, which will lead to its exclusion from the German SDAX index and reduced liquidity.
Key Questions Answered
Persistent Systems has acquired an additional 61.15 percent stake in Nagarro SE, bringing its aggregate shareholding to 83.25 percent and surpassing the minimum 50 percent threshold required for the transaction.
Nagarro shareholders can accept the offer at a cash consideration of EUR 81 per share during the upcoming two-week acceptance period starting September 23, 2026, and concluding on October 6, 2026.
Following the consummation of the offer, Persistent plans to delist Nagarro’s shares from the regulated market of the Frankfurt Stock Exchange and other open trading platforms, with the support of Nagarro's Management Board.
