PS
Persistent Systems / NagarroAcquisition
Mixed signal
Persistent secures 94% of Nagarro as takeover moves toward completion
Persistent Systems said tendered shares plus an existing stake give it about 94.04% of Nagarro's share capital and voting rights. The company expects the transaction to close by the end of Q1 2027, subject to remaining regulatory approvals, and is considering a squeeze-out of minority shareholders after closing.
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