Persistent Secures 83.25% of Nagarro, Plans Frankfurt Delisting
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Munich – September 22, 2026 -- Persistent Systems Limited has secured 83.25% of Nagarro SE's outstanding share capital, clearing the minimum threshold for its EUR 81.00-per-share takeover offer and setting up a delisting from the Frankfurt Stock Exchange's Prime Standard.
Tender results exceed the 50%-plus-one-share minimum acceptance threshold
During the acceptance period that expired at midnight CEST on September 17, 2026, holders tendered 7,568,145 Nagarro shares, equal to approximately 61.15% of total share capital and voting rights. Persistent separately secured a 22.10% stake through a share purchase agreement with Lantano Beteiligungen GmbH, bringing the combined position to 83.25%, excluding treasury shares.