Persistent Systems' share price fell 10% to a 52-week low after the IT company announced the acquisition of Munich-based Naggaro SE—its largest ever at an enterprise valuation of €1.27 billion.
Persistent Systems' share price fell 10% to a 52-week low after the IT company announced its largest ever acquisition. The company is acquiring Munich-based Naggaro SE for an enterprise valuation of €1.27 billion. This significant deal had an immediate negative impact on…
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