Intralot - deny rumours that Kokkalis would attempt a takeover
All,
Intralot have come out to deny rumours that Kokkalis would attempt a takeover of Intralot via his Intrakom holding. The rumour made the rounds on the basis that Intakom had previously bought 100% of the shares of two other companies associated with Kokkalis and observers had noted something of a rally in the share price.
We think that if Kokkalis were to attempt such a thing, that he would be very unlikely to try and build a stake in the shares on the quiet, given their illiquidity.
We also don’t think it would be a wise way or moment to spend his money.