5727.5000 -13.00 (-0.23%)
NSE Oct 23, 2026 15:31 PM
Volume: 1.2M
 

5727.50
-0.23%
ICICI Direct
Transaction Overview: Persistent (via German subsidiary Galaxy Germany Holding SE / BidCo) announced voluntary public takeover offer for all shares of Nagarro SE (Frankfurt-listed) at EUR 81/share in cash (~140% premium to its undisturbed closing price on June 25, 2026, & ~94% premium to 3M VWAP). It has already secured binding 21% stake from Nagarro's largest shareholder Lantano Beteiligungen GmbH (Carl-Georg Drschmidt) while Nagarro's management has expressed intent to tender its shares (~13-14%), taking effective committed stake to ~3540%. The minimum acceptance threshold is...
BOB Capital Markets Ltd. decreased Sell price target of Persistent Systems Ltd. to 3718.0 on 16 Oct, 2026.
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