Persistent Systems shares slide 7% after $1.14 billion offer to buy Germany's Nagarro

Published 29 June 2026 · finance

Persistent Systems shares opened 7% lower on Monday, after ⁠the ⁠IT services firm offered to buy German firm Nagarro for 1 ⁠billion euros ($1.14 billion)

Persistent Systems shares opened 7% lower on Monday, after ⁠the ⁠IT services firm offered to buy German firm Nagarro for 1 ⁠billion euros ($1.14 billion), according to ⁠Reuters calculations. The German digital engineering firm's board said it intends to recommend the 81 euro per share offer to ⁠shareholders. MORE TO COME..

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