Persistent secures 94.04 percent stake in Nagarro stock as delisting plans advance

Published on 10/18/2026 at 13:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Persistent secured 94.04 percent on October 10, 2026. Nagarro stock faces delisting by first-quarter 2027 after 8,903,259 shares were tendered.

Takeover timeline and operating growth

Persistent secured 94.04 percent of Nagarro's share capital and voting rights on October 6, 2026.
Nagarro reported 4.20 percent first-half 2026 revenue growth in constant currency.
Nagarro stock closed at EUR 78.95 on Xetra on October 16, 2026.
The transaction is expected to close by the end of the first quarter of 2027.

Flatlay-Foto mit Aktienzertifikat, ISIN-Karte, Tastatur und Kaffeetasse auf Holztisch — Flatlay-Arrangement mit Aktienzertifikat und ISIN-Karte visualisiert die Aktie von Nagarro SE, ISIN DE000A3H2200, im IT-Bereich, Illustration mit AI erstellt.

Nagarro (ISIN DE000A3H2200) faces a possible delisting after Persistent secured 94.04 percent of its share capital and voting rights when the additional acceptance period ended on October 6, 2026. Persistent published the final results on October 9, 2026 and said the transaction was expected to close by the end of the first quarter of 2027.

Takeover reaches 94.04 percent

The result gives Persistent more than 90 percent of Nagarro's capital and voting rights. The offer attracted 8,903,259 shares, equal to 71.94 percent of Nagarro's share capital, before the previously secured 22.10 percent stake was added.

Persistent plans a squeeze-out of the remaining minority shareholders after closing. The transaction still depends on a limited number of regulatory approvals, so the announced timetable remains the end of the first quarter of 2027.

Three dates mark the deal

On August 14, 2026, Nagarro reported second-quarter revenue growth of 2.00 percent and first-half revenue growth of 4.20 percent in constant currency, according to Nagarro.

On September 17, 2026, the initial acceptance period ended with Persistent holding 83.25 percent of Nagarro's share capital, according to EQS Group.

On October 6, 2026, the additional acceptance period ended and lifted the secured stake to 94.04 percent. The end of the first quarter of 2027 is the next stated transaction date, while the closing remains conditional on regulatory approvals.

What does the deal mean for the stock?

The takeover terms put a clear value marker beside Nagarro's market price. The cash offer was EUR 81.00 per share, while the stock's last Xetra close was EUR 78.95 on October 16, 2026. The difference is EUR 2.05 per share, leaving the market below the offer price while the closing process continues.

Market value after the SDAX exit

Nagarro's market capitalization was EUR 977.1 million on October 16, 2026, and its 52-week range was EUR 32.50 to EUR 81.40. The company had been described as a digital engineering and transformation provider with about 18,700 employees in 39 countries.

Nagarro stock closed at EUR 78.95 on Xetra on October 16, 2026. The further course of trading is shown by the continuously updated real-time quote of Nagarro stock.