Inter Rao to buy out the remaining Telasi shares for 51 million lari and raise its stake to 100%

The Russian energy giant has offered minority shareholders to sell their shares at 1.82 lari apiece

Russian company Inter Rao intends to fully acquire Telasi, increasing its stake from the current 75.1% to 100%. To this end, the company has announced a tender offer under which minority shareholders will be able to sell the remaining 24.52% of shares at a price of 1.82 lari each. The total value of the package of 27.985 million shares is about 51 million lari.

Inter Rao noted that the buyout price was determined by the audit firm KPMG Georgia and corresponds to the maximum price paid for Telasi shares over the past six months. The tender is valid from January 30, 2026, and the deadline for shareholders to submit acceptances is set for March 31 at 18:00.

Minority shareholders, including the Georgian company Best Energy Group, must submit written applications to the central office of Telasi if they decide to sell their shares. Completion of the transaction will allow Inter Rao to fully control Telasi and manage the company without the participation of external shareholders.

Sources:
bizzone

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