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The Economic Times

Persistent Systems buys additional stake to get 83.2% control of Nagarro

Nagarro Persistent Persistent Systems Stock Market

IT firm Persistent Systems’ subsidiary has acquired additional 61.15% more stake in Germany-based Nagarro via a voluntary public offer taking its total shareholding to 83.25%, the company informed the exchanges on Tuesday.

The mid-sized Indian IT firm will delist Nagarro shares from trading on the stock market of the Frankfurt Stock Exchange.

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