Persistent launches public takeover offer for all Nagarro shares

Listed Co AcquisitionOpen Offer TriggeredStrategic Transactions View source PDF Explain this filing

PERSISTENT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.3%Reaction day

₹5459.50

prior close

₹5470.00

announcement price

After-mkt

timing

Nifty Midcap 150market+0.2%+0.1% vs market

Computers - Software & Consulting peers, median of 65sector+0.0%+0.3% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty Midcap 150 and 0.3 pts more than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.1

10m

+1.4

15m

+1.2

30m

+1.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.3+0.2+0.1+0.0+0.3

Next day

+0.3+0.7-0.4+0.1+0.2

+1.3+0.6+0.6+0.0+1.3

+0.1+0.9-0.8-1.0+1.1

+1.2+1.0+0.2-0.3+1.4

+2.2+0.5+1.7-0.6+2.8

-0.3+0.2-0.5-3.8+3.5

15d

+7.4+0.8+6.6-2.0+9.4

+2.0-1.1+3.1-4.8+6.8

+0.7-6.3+7.0-10.9+11.5

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UpDownMarket · Nifty Midcap 150Sector · Computers - Software & Consulting peers, median of 65Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Persistent launched its public takeover offer for all Nagarro SE shares at EUR 81 per share, about 140% premium over June 25 closing price. Acceptance period runs to September 17, plus a two-week extension to October 6. Persistent holds about 22% stake; Nagarro management intends to tender about 15%. Minimum threshold is 50% plus one share. Nagarro boards support the deal. Persistent plans to delist Nagarro from Frankfurt Stock Exchange. Expected to close by end of Q1 CY27.

Likely market impact

Major acquisition creates a large AI-led digital engineering firm; deal closing targeted by end of Q1 CY27