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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 ...

Persistent Systems shares fell 11% on Monday, touching a two-year low after the company announced its $1.3 billion acquisition of Germany-based IT services firm Nagarro over the weekend. The stock ...

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 ...

The deal offers cross-selling opportunities but also raises integration, execution and financial risks due to its size and Nagarro's lower margins. The all-cash transaction includes net debt of about ...

Mumbai: Shares of Persistent Systems plunged nearly 11 percent on Monday after the company announced its plan to acquire Germany-based digital engineering firm Nagarro in a major international deal.

Persistent Systems, Astral, HFCL, Waaree Energies, DCX Systems and Puravankara led midday stock action on Monday. Indian equity benchmarks traded on a cautious note in the midday session on Monday, ...

Shares of Persistent Systems Ltd plunged 10 per cent during the trading session on Monday after it announced a voluntary public takeover offer for all outstanding shares of Nagarro at €81 apiece. The ...

Persistent Systems announced two strategic developments: (1) the acquisition of Nagarro for an enterprise value of €1.27b, and (2) a new USD650m+ services contract over 6.5 years with an existing ...

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 ...

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 ...