The story so far: On early Saturday morning Pune based mid-sized company Persistent Systems Limited announced entering into an agreement to acquire Nagarro, a Munich, Germany-headquartered digital ...

Mid-tier Indian IT services firms are increasingly turning to mergers and acquisitions (M&A) to build artificial intelligence (AI) capabilities and global scale, but Persistent Systems' biggest-ever ...

https://www.thehindubusinessline.com/markets/stock-markets/persistent-systems-shares-fall-7-after-1-billion-nagarro-acquisition-offer/article71160014.ece Copy ...

Persistent Systems has agreed to acquire all shares of Germany-based digital engineering firm Nagarro in a deal worth approximately €1.27bn ($1.45bn). The Indian publicly listed technology company has ...

Persistent Systems' share price fell nearly 7% during Monday's opening trading session, days after the company announced an all-cash bid to acquire Germany's Nagarro for about $1.3 billion. The ...

Shares of Persistent Systems Ltd. fell as much as 10% on Monday, June 29, marking their biggest intraday decline since April 2025, after brokerages offered contrasting views on the company's proposed ...

Persistent Systems shares declined even as the company announced it will pay €81 per share to acquire Nagarro SE for roughly $1.3 billion. The deal is expected to close by March 2027, after which the ...

Persistent Systems shares fell as much as 9.13% in intraday trade on Monday, to its lowest level since April 2025, after the company announced a €1.1 billion (around Rs 11,820 crore) acquisition of ...

The other important news is the $650 million plus services contract over 6.5 years with an existing US-based technology customer. The Persistent offer is at a 140% premium over Nagarro’s closing share ...

Persistent Systems Ltd has announced the acquisition of Germany-based IT services company Nagarro SE. The acquisition is intended to diversify Persistent's business across Europe and the Middle East, ...

Persistent Systems shares crashed on June 29 after the IT services company announced its planned acquisition of Germany's Nagarro SE, with brokerages divided over the deal despite its strategic ...

AI Quick Read Persistent Systems Ltd is looking to anchor its long-standing European ambitions and hit a $5 billion revenue target by March 2031 through its largest-ever acquisition, German digital ...