Added to YB: 2026-07-02
Pitch date: 2026-06-30
NA9.DE [neutral]
Nagarro SE
-0.47%
current return
Author Info
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Company Info
Nagarro SE, together with its subsidiaries, provides digital product engineering and technology solutions in Germany, the United States, Europe, and internationally.
Market Cap
EUR 924.5M
Pitch Price
EUR 74.75
Price Target
N/A
Dividend
1.34%
EV/EBITDA
7.50
P/E
19.85
EV/Sales
1.19
Sector
IT Services
Category
special_situation
Nagarro (NA9 Germany): A takeover that recognises value the market never fully appreciated
NA9.DE (update): Persistent Systems' €81/share all-cash bid (~10x EV/EBITDA, ~2x prior price) crystallizes value market never assigned. Largest shareholder (~20%) + both boards support tender. Creates ~$3bn rev, 46k employee global IT services platform. Competing bid unlikely. 50%+1 share condition; close late 2025/early 2026.
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