The offer represents a premium of approximately 140% over Nagarro's closing price on June 25, 2026, and 94% above its three-month volume-weighted average. Persistent has already secured a 21% stake in the company through a binding agreement with Nagarro's largest shareholder, Lantano Beteiligungen GmbH. Members of the Nagarro Management Board have also signaled their intention to tender their own shares into the offer.

By integrating Nagarro’s European market presence and expertise in ERP and customer experience delivery with Persistent’s North American scale and AI-driven platforms, the combined entity expects to reach a revenue run-rate of USD 2.9 billion. Following the completion of the transaction, which remains subject to a 50% minimum acceptance threshold and regulatory approval from BaFin, Persistent plans to pursue a delisting of Nagarro from the Frankfurt Stock Exchange. Both companies intend to maintain their respective operational cultures and brand identities while focusing on large-scale enterprise transformation projects.