Nagarro takeover offer, shares set at 81 euros

By Julia Schmitt, Sector & Peer Group desk. Reviewed prior to publication on 2026-06-28, 09:04.

Nagarro (DE000A3H2200) is the target of a voluntary public takeover offer from Persistent Systems. The offer price is 81 euros per share, according to The Economic Times.

The offer terms

Persistent Systems said Galaxy Germany Holding SE, a wholly owned subsidiary, announced the bid on June 28, 2026. The same report says the transaction would create a global AI-led digital engineering group with USD 2.9 billion in revenue run-rate.

The offer follows a Business Combination Agreement, and Nagarro's management and supervisory board support the transaction. The cash consideration is 81 euros per share, and the report also cites Barclays as committed financing provider.

What the market watches

The local trading anchor is clear on Xetra and Tradegate for German investors, while the takeover logic connects Nagarro with Persistent Systems in India. The company is also tied to the TecDAX coverage universe, which matters for the domestic market reading.

Reuters-style market coverage typically puts such offers against the prior close and the premium to the volume-weighted average price. In this case, the published premium was about 140 percent to the June 25 close and about 94 percent to the three-month VWAP, according to the same report.

Nagarro's core business

The company provides digital engineering and software development services, with work spanning AI, ERP, and customer experience delivery. The offer highlights that service model rather than a single product line.

Price and listing

The Nagarro shares (DE000A3H2200) trade on 2026-06-28, 09:04 on Xetra at 81 euros.

This article is for information only and does not constitute investment advice.