Nagarro SE’s Management and Supervisory Boards officially recommend that shareholders accept the voluntary public takeover offer from Persistent Systems.
The offer proposes a price of EUR 81.00 per Nagarro share. The boards issued a joint statement concluding that this valuation is fair and adequate.
Persistent Systems intends to support Nagarro’s current business strategy and retain the existing management team. This recommendation signals leadership alignment and facilitates the completion of the business combination.