Nagarro Boards Recommend Accepting Persistent Offer

August 15, 2026
Nagarro's management and supervisory boards have recommended that shareholders accept Persistent Systems' voluntary public takeover offer of EUR 81 per share.

Persistent Systems' offer for Nagarro, announced in June at EUR 81 per share, has been recommended for acceptance by Nagarro's management board and supervisory board, the company said in a press release.

Nagarro published the joint reasoned statement on August 14, 2026, under German takeover law. The boards said they reviewed the offer document and consider the EUR 81 cash price per share fair and adequate.

The bidder is Galaxy Germany Holding SE, a company directly controlled by India based Persistent Systems Limited. Nagarro's boards also said they support the planned partnership framework, which was set out in a business combination agreement signed on June 26, 2026.

We hope you enjoyed this article.

Consider subscribing to one of our newsletters like AI Funding Brief or Daily AI Brief.

Also, consider following us on social media:

AI Funding News AI Brief AI Brief (X)

More from: Funding

08/15
EMERGING and Promethean Launch $300 Million AI Fund for Hospitality
08/15
Shaires Holdings Plans AI Portfolio and $100 Million Raise
08/15
Z Squared Details Power Strategy for AI Infrastructure Sites
08/15
Brand Engagement Network Files Q2 Report After Cataneo Acquisition
08/15
Databricks Raises $5 Billion at $190 Billion Valuation

Subscribe to AI Funding Brief

AI Token Webinar

Market report

2025 Generative AI in Professional Services Report

Thomson Reuters

This report by Thomson Reuters explores the integration and impact of generative AI technologies, such as ChatGPT and Microsoft Copilot, within the professional services sector. It highlights the growing adoption of GenAI tools across industries like legal, tax, accounting, and government, and discusses the challenges and opportunities these technologies present. The report also examines professionals' perceptions of GenAI and the need for strategic integration to maximize its value.

Read more

You May Also Like