Intracom Constructions Societe Anonyme Technical and Steel Constructions entered into a non binding letter of intent to acquire Aktor SA from Ellaktor S.A. on March 24, 2023. Intracom Constructions Societe Anonyme Technical and Steel Constructions signed a binding sales and purchase agreement to acquire Aktor SA from Ellaktor S.A. for ?100 million on March 31, 2023. The Letter of Intent is subject to terms and conditions and has not yet been assessed by the Board of Directors. The deal is subject to approval from Ellaktor S.A. (ATSE:ELLAKTOR) board. As of April 24, 2023 Ellaktor S.A. (ATSE:ELLAKTOR) approved the transaction. In addition, an amount of ?114 million, which refers to AKTOR's intra-group payables to companies of the ELLAKTOR Group, will be gradually repaid by the acquired company with Intrakat's guarantee, within 19 months from the completion of the transaction, which is subject to the usual conditions for such transactions, including the approval of the Hellenic Competition Commission and is expected within the fourth quarter of 2023. M. & P. Bernitsas Law Offices acted as legal advisor to INTRAKAT. As of November 7, 2023, The Competition Commission, in a Plenary Session, has unanimously approved the Transaction.

Intracom Constructions Societe Anonyme Technical and Steel Constructions completed the acquisition of Aktor SA from Ellaktor S.A. on November 8, 2023.