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Rs 8,350 crore crash in Persistent shares explained: Why investors are worried about Nagarro deal
Persistent Systems' shares plunged nearly 11% following its announcement to acquire Germany-based Nagarro for €1.27 billion. While the deal aims to boost European presence and revenue, brokerages expressed caution over pricey valuations and execution risks.
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thehindubusinessline.com
Persistent Systems to acquire Nagarro, creating $2.9 billion AI-led digital engineering giant
Persistent Systems' acquisition of Nagarro will form a $2.9 billion AI-led digital engineering powerhouse with 46,000 employees globally.
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Persistent Systems to acquire Nagarro, creating $2.9 bn AI-led digital engineering giant
Persistent Systems' acquisition of Nagarro will form a $2.9 billion AI-led digital engineering powerhouse with 46,000 employees globally.
