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Persistent's Nagarro takeover offer received BaFin authorization, with acceptance running through September 17 at EUR 81 per share, representing a ~140% premium. Persistent has secured ~22% and requires 50% plus one share to complete the offer. Context: this clears the previously pending BaFin approval.
Persistent Systems Closes ₹4,265 Crore QIP At ₹5,550 Per Share
Persistent Systems Approves Rs.9,000 Crore Debt For Nagarro Acquisition Funding
Persistent Systems Clears Minimum Acceptance Threshold In Nagarro Takeover Offer
Persistent Systems Board Approves Up To USD 1.25 Billion Financing
Persistent Systems Board Approves Up To USD 1.25 Billion Financing