Persistent secures 83.25% of Nagarro and Nagarro stock costs EUR 79.43
Published on 10/04/2026 at 17:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
On September 22, 2026, Galaxy Germany Holding SE, the wholly owned direct subsidiary of Persistent Systems Limited acting as bidder, announced that Persistent had secured 83.25% of Nagarro's outstanding share capital. PR Newswire At 5:27 p.m. CEST on October 4, 2026, Nagarro stock was EUR 79.43 in weekend trading at Lang & Schwarz, unchanged at 0.00 percent versus the EUR 79.43 close at Lang & Schwarz on October 2, 2026.
Weekend trading
The EUR 79.43 weekend-trading price at Lang & Schwarz on October 4, 2026, matched the EUR 79.43 close at Lang & Schwarz on October 2, 2026. The further course of weekend trading at Lang & Schwarz until 7:00 p.m. CET/CEST is shown by the continuously updated real-time quote of Nagarro stock.
Takeover offer
Persistent said 7,568,145 Nagarro shares, representing approximately 61.15% of the company's total share capital and voting rights, were tendered during the initial acceptance period. Together with a 22.10% stake secured under a share purchase agreement with Lantano Beteiligungen GmbH, the holdings reached 83.25%. PR Newswire
Nagarro shareholders who have not tendered their shares may participate in the additional acceptance period through October 6, 2026, at the cash consideration of EUR 81.00 per share. Persistent also said it intends to pursue the delisting of Nagarro shares from the regulated market of the Frankfurt Stock Exchange as soon as practicable and legally feasible. PR Newswire
Next Xetra session
The next Xetra session is October 5, 2026.
