Nagarro board backs Persistent’s EUR 81-a-share takeover offer

Reuters2026/08/15 11:31

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Persistent-controlled Galaxy Germany Holding launched a cash offer for Nagarro shares at EUR 81 per share.
Nagarro’s management board and supervisory board backed the bid, calling the price adequate and fair.
The offer implies about a 140% premium to the June 25 Xetra close of EUR 33.74.
Acceptance runs from Aug. 6 to Sept. 17, with closing targeted for Q4 2026 or Q1 2027.
Galaxy has secured about 20% of shares via a binding deal with major shareholder Lantano Beteiligungen.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nagarro SE published the original content used to generate this news brief via PR Newswire (Ref. ID: FR26555) on August 15, 2026, and is solely responsible for the information contained therein.

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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Nagarro board backs Persistent’s EUR 81-a-share takeover offer

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