The all-cash offer represents a premium of roughly 140% over Nagarro’s closing price on June 25, 2026. Persistent has already secured a 21% stake in the company through a binding agreement with Nagarro’s largest shareholder, Lantano Beteiligungen GmbH, and expects members of the Nagarro Management Board to tender their shares as well. The transaction is designed to merge Persistent’s North American scale and AI engineering capabilities with Nagarro’s deep European footprint and specialized expertise in ERP and CX delivery.

Following the acquisition, Persistent plans to delist Nagarro from the Frankfurt Stock Exchange. The combined entity will employ more than 46,000 people across 40 countries, positioning the group to capture a larger share of the global digital transformation market. The offer is subject to a minimum acceptance threshold of 50% plus one share and regulatory approval from BaFin, with the companies targeting a closing date between the fourth quarter of 2026 and the first quarter of 2027.