Persistent secures 83.25% of Nagarro as tender offer clears minimum threshold

• Persistent’s bid for Nagarro cleared its minimum condition with 83.25% secured, including a 22.1% stake agreed with Lantano.
• Holders tendered 7,568,145 shares during the initial period, representing 61.15% of Nagarro’s share capital and voting rights.
• A two-week additional acceptance period runs from Sept. 23 to Oct. 6 at EUR 81 per share in cash.
• Persistent plans to pursue a delisting of Nagarro shares from Frankfurt’s Prime Standard, a move expected to reduce liquidity.
• Closing is expected by the end of the first quarter of calendar 2027, subject to remaining regulatory clearances.

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. Persistent Systems Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202609230333PR_NEWS_EUPR__DE_GE53818) on September 23, 2026, and is solely responsible for the information contained therein.