Spanish gaming group Codere S.A has taken up a call option to acquire an additional 35.8 per cent share in Mexican partner Corporación Interamericana de Entretenimiento Las Americas (ICELA), operator of the Hipodromo de Las America horse racetrack and a division of Mexican entertainment giant Grupo CIE.
Codere currently owns a 49 per cent share of ICELA and will increase its holding in the company to 84.4 per cent following the completion of the call option, [...]