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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 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
Persistent Systems Schedules September 1 One-On-One With Millennium Management
Persistent Systems Schedules One-On-One Meetings With Premji Invest And MFS International