August 18, 2026 – Global law firm Hogan Lovells Cadwalader, led by Prof. Dr. Michael Schlitt, Dr. Katlen Blöcker, and Dr. Sebastian Biller, advised Barclays Bank Ireland PLC (“Barclays”) on the issuance of the financing confirmation in connection with the public takeover offer by Galaxy Germany Holding SE for Nagarro SE.

Galaxy Germany Holding SE, a wholly-owned direct subsidiary of Persistent Systems Limited, has published a voluntary public takeover offer for Nagarro SE at a cash offer price of EUR 81 per share. The total offer volume for all issued Nagarro shares amounts to approximately EUR 1 billion. In this context, Barclays issued the financing confirmation required under the German Securities Acquisition and Takeover Act (WpÜG). Hogan Lovells Cadwalader assisted Barclays in complying with its due diligence and contractual obligations toward Galaxy Germany Holding SE, the bidder in the public takeover offer for Nagarro SE.

Hogan Lovells Cadwalader Team for Barclays

Prof. Dr. Michael Schlitt (Partner, Equity and Capital Markets Law, Co-Lead), Dr. Katlen Blöcker (Partner, Finance, Co-Lead), Dr. Tim Oliver Brandi (Partner, Corporate / M&A); Dr. Antonia Wolf (Counsel, Finance) (all Frankfurt);

Dr. Sebastian Biller (Counsel, Equity and Capital Markets Law, Co-Lead, Munich);

Jo Robinson (Partner, Finance, London).

In-house Legal (Barclays)

Farooq Ahmad, Jan Zschiesche, Christian Mantel