Persistent secures 94.04% of Nagarro stock in takeover

Published on 10/20/2026 at 13:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Closing is expected by Q1 2027. Nagarro stock costs EUR 79.18 on October 20, 2026 versus EUR 79.00 at the Xetra close.

Takeover timeline and operating growth

Persistent secured 94.04 percent of Nagarro on October 9, 2026.
Nagarro reported 4.20 percent first-half revenue growth in constant currency on August 14, 2026.
Nagarro stock trades at EUR 79.18 at 1:05 p.m. CEST at Lang & Schwarz on October 20, 2026, 0.23 percent above the Xetra close of October 19, 2026.
Persistent expects the transaction to close by the end of the first quarter of 2027.

Extreme Nahaufnahme einer beleuchteten Platine mit blauen und grünen Leiterbahnen — Makroaufnahme einer Leiterplatte veranschaulicht die Technologiebasis von Nagarro SE, ISIN DE000A3H2200, im Softwaregeschäft, Illustration mit AI erstellt.

Nagarro (ISIN DE000A3H2200) was trading at EUR 79.18 at Lang & Schwarz on October 20, 2026, at 1:05 p.m. CEST, 0.23 percent above the Xetra close of October 19, 2026 at EUR 79.00. The latest takeover update came from Persistent, which secured 94.04 percent of Nagarro's share capital and voting rights by October 9, 2026, according to Persistent.

Takeover control passes 90 percent

The result changes the remaining investment case from an acquisition contest to a closing and minority-shareholder process. Persistent said it plans a squeeze-out after closing because its holding exceeds 90 percent. The company also expects the transaction to close by the end of the first quarter of 2027, subject to limited regulatory approvals, Persistent said on October 9, 2026.

What does 94.04 percent mean?

Persistent secured 8,903,259 shares through the offer, representing 71.94 percent of Nagarro's share capital and voting rights. A separate 22.10 percent stake brought the combined position to 94.04 percent. That leaves 5.96 percent outside the stated holding and gives the closing process more importance than a fresh operating catalyst.

Revenue growth remains measurable

Nagarro's investor-relations page says second-quarter 2026 revenue grew 2.00 percent year over year in constant currency, while first-half 2026 revenue increased 4.20 percent. The same release dated August 14, 2026 identifies the first-half report and places the operating update in the latest interim reporting cycle, according to Nagarro. For investors, those figures provide a measured operating baseline while the takeover determines the stock's next corporate milestone.

Key dates shape the next step

The additional acceptance period ended on October 6, 2026, and Persistent published the final result on October 9, 2026. The next stated milestone is transaction closing by the end of the first quarter of 2027, followed by the planned squeeze-out process. Nagarro's latest interim release was dated August 14, 2026, giving the takeover timeline a newer status than the operating figures.

Stock holds above the Xetra close

Nagarro stock was trading at EUR 79.18 at Lang & Schwarz on October 20, 2026, at 1:05 p.m. CEST. The price was 0.23 percent above the Xetra close of October 19, 2026 at EUR 79.00, keeping the quote close to the EUR 81.00 takeover price cited in the Persistent offer context.

The further course of trading is shown by the continuously updated real-time quote of Nagarro stock.