Persistent secures 83.25 percent of Nagarro: Nagarro stock trades 2.12 percent below offer

Published on 10/02/2026 at 16:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached EUR 501 million in the first half of 2026, up 4.20 percent. Nagarro stock costs EUR 79.28 on October 2, 2026 versus EUR 79.28.

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Persistent secured 83.25 percent of Nagarro's share capital in the takeover process announced on September 22, 2026, while Nagarro stock traded 2.12 percent below the EUR 81.00 cash offer on October 2, 2026. The additional acceptance period runs through October 6, giving the transaction a clear near-term deadline.

Takeover clears the majority hurdle

According to Persistent on September 22, 2026, shareholders tendered 7,568,145 Nagarro shares, equal to 61.15 percent of the share capital and voting rights. Persistent already held 22.10 percent through an agreement with Lantano Beteiligungen, lifting the combined position to 83.25 percent.

The offer price is EUR 81.00 per share, and the additional acceptance period began on September 23, 2026, before ending at midnight on October 6, 2026. Persistent said the transaction is expected to close by the end of the first quarter of 2027, subject to remaining regulatory approvals.

Delisting would change the market setup

Persistent intends to terminate Nagarro's admission to the regulated market, including the Prime Standard of the Frankfurt Stock Exchange, as soon as legally and practically feasible. The company also says Nagarro would leave the SDAX and that trading liquidity could decrease after a delisting.

Nagarro's operating figures provide a separate reference point. Quartr reports first-half 2026 revenue of EUR 501.0 million, up 4.20 percent year over year in constant currency, while adjusted EBITDA reached EUR 69.1 million and the adjusted EBITDA margin was 15.00 percent. The comparison matters because the takeover is now being assessed against both a fixed cash value and a business that is still producing measurable revenue growth.

Stock stays below the offer price

Nagarro's market capitalization was EUR 980.2 million on October 2, 2026. Its 52-week range was EUR 32.50 to EUR 80.60 in the same market-data snapshot, placing the Lang & Schwarz quote EUR 1.32 below the reported high.

At Lang & Schwarz, Nagarro stock was trading at EUR 79.28 on October 2, 2026 at 4:05 p.m. CEST, unchanged at 0.00 percent versus the prior close of EUR 79.28 on October 1, 2026. The further course of trading is shown by the continuously updated real-time quote of Nagarro stock.