Intralot together with Intracom Disregard Merger Rumors
Ancient gambling enormous Intralot and local IT and also telecom positioning Intracom own denied information about their likely merger, current information outlet Kathimerini reported Monday
In standalone but practically identical phrases published later part of the last week, both companies stated that merger misconceptions did not ‘correspond to simple fact. ‘ As outlined by those gossips, a mega-merger of Intralot and Intracom was less than discussions. The very transaction was executed to restore the exact gambling group’s foothold after it displaced an important subside in nearby Turkey.
It should also be mentioned that Intralot had any shaky start of year with all the drop within the nominal value of its connect and the brand-new downgrading for its credit rating.
Intralot and Intracom reveal the same originator and most shareholder Artistic business mogul Sokratis Kokkalis . Mr. Kokkalis plunged in since the new TOP DOG of the playing company earlier this month, switching Antonios Kerastaris. The casinopokies777.com currently former Leader of the Artistic gaming, gambling on, and lotto group departed after Intralot lost her bid to keep providing sporting events betting technological know-how to Turkey’s state-owned agent Iddaa.
Gossip about a likely tie-up somewhere between Intralot in addition to Intracom appeared after the tested out reorganization belonging to the telecom and then the recent treatment of the couple of companies talk about prices, Kathimerini notes. [read more]