Silk Road Holdings moves to fully acquire Telasi with share buyout bid

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.