India's ​Persistent Systems

shares ‌opened 7% ​lower ⁠on Monday, after the ‌IT services firm

offered ‌to ‌buy ⁠German ⁠firm Nagarro for 1 billion ​euros

($1.14 ‌billion), according to Reuters calculations.The ‌German digital ​engineering firm's board ⁠said it intends

to ‌recommend the 81 euro per share ‌offer to ​shareholders.Published on June 29, 2026