Intense gossip about the entry of Baku – Kaimenaki in Intrakat

By Eleni Botas

Rumors are intensifying in the last hours for the imminent entry of the shipowners and former key shareholders of Ellaktoras, Dimitris Bakou and Ioannis Kaimenakis in Intrakat.

As Capital.gr had written on 7/5 after their departure from Ellaktoras, “the two businessmen want to invest in another construction group, with a presence in both the construction and energy sectors”.

Regarding the rumors about the acquisition of Intrakat by Messrs. Kaimenakis and Bako, the construction management was asked today during the Ordinary General Meeting, with the Vice President of the Group, Dimitrios Koutras, stating: “To finish with the reports, we are an institution and like Intrakat we have nothing to say about them, nor do we talk. These will be announced, if there are conversations, which I do not know if they exist, from where they should be “, referring essentially to the head of the holding, Socrates Kokkalis.

Sources with which he talked to Capital.gr admit that there have been discussions and contacts between the two businessmen and Socrates Kokkalis for the acquisition of Intrakat, without, however – so far if nothing else – that there is still a closed agreement. In fact, the same sources claim that there is a discrepancy between the offered and the requested price.

Stock market sources commenting on the price heard in the last hours of 3 euros per share described it as “very high”, adding however that it is not far from reality and that clearly in case of finalization of the deal the price will be higher than its current price. share on the board (currently trading at 2.35 euros with an increase of more than 12%).

Also, in the event that Socrates Kokkalis finally decides to sell more than 50% of the construction group to Messrs. Bako and Kaimenakis, then they should proceed with the submission of a public offer.