# Persistent and Nagarro Announce EUR 81 Takeover Offer > Source: > Published: 2026-06-28 12:54:48+00:00 The Persistent-Nagarro merger - an all-cash offer at EUR 81 per share valuing Nagarro at approximately EUR 1 billion - is the clearest signal yet that AI-led digital engineering services are entering a scale consolidation phase. For enterprise AI teams sourcing large-scale transformation programs in Europe, the combined $2.9 billion entity (46,000+ engineers across 40+ countries) will represent a significantly larger and more geographically diversified specialist integrator. Per the official joint press release (June 27, 2026), the deal pairs Persistent's North American AI engineering depth with Nagarro's European ERP/CX delivery capability and industrial-sector client base (including 4 of Europe's top 5 automotive firms). Closing is targeted for Q4 2026/Q1 2027, pending BaFin approval. Nagarro's management board supports the deal; Persistent has already secured approximately 21% through a binding commitment from the largest shareholder.