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Persistent Systems shares slide 7% after $1.14 billion offer to buy Germany's Nagarro
The Economic Times (India)
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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.
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