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Silk Road Holdings pushes to fully acquire Georgian energy provider Telasi

A bold takeover bid could reshape Georgia's energy sector. Minority shareholders face a critical choice—sell now or hold their ground?

,   and  Administrator
1 min read
The image shows an old book with a picture of a New Russia Company Limited stock certificate on it....
The image shows an old book with a picture of a New Russia Company Limited stock certificate on it. The certificate is printed on a piece of paper with text and numbers written on it, likely indicating the stock price of the company.

Silk Road Holdings pushes to fully acquire Georgian energy provider Telasi

Silk Road Holdings B.V., which owns a controlling stake of 75.1% of Telasi shares, wants to buy out the remaining 24.89%. The plan is outlined in a tender offer prepared under the Law on the Securities Market.

The company is ready to acquire 27,985,461 ordinary shares and become the sole owner of Telasi.

"The redemption price of one ordinary share of the company is 1.82 GEL," the document states. "The price was determined by KPMG Georgia LLC and is not lower than the maximum price at which the offeror purchased shares during the last six months."

The tender offer is valid until 18:00 on May 31, 2026.

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