Nagarro Leadership Endorses 81 Euro Takeover Bid from Persistent

Nagarro executives view the 81.00 euro offer as both fair and financially advantageous, noting it provides shareholders with an immediate realization of long-term value. The price marks a 140 percent premium over the company’s closing stock price on June 25, 2026, the day prior to the announcement of the acquisition plans. Both boards have confirmed they intend to support the transition, citing a shared vision for growth and the preservation of Nagarro’s existing business strategy under the new partnership.

Manas Human, Co-Founder and CEO of Nagarro, stated that the partnership is designed to accelerate business transformation and generate momentum in the global market. The offer, which is being managed through Galaxy Germany Holding SE, is subject to a minimum 50 percent acceptance threshold and various regulatory clearances, including foreign direct investment approvals. While the boards support the bid, the process is expected to conclude between late 2026 and early 2027. Following the settlement, the bidder plans to pursue a delisting of Nagarro from the Frankfurt Stock Exchange, though it has committed to avoiding a domination or profit transfer agreement for at least two years.