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Codere Group looks to raise €100m as co-CEOs step down

31st March 2023 9:58 am GMT
Pragmatic Solutions

Spanish gaming operator Codere Group is looking to raise €100 million from existing shareholders after completing a strategic review of its operations and capital structure.

The company explained that while its financial performance had improved since Covid-19 measures were relaxed during 2022, it continues to face headwinds and liquidity pressures.

As a result, Codere undertook a thorough strategic review of its operations and capital structure to help review its short term cash flow, budget and business plan.

As [...]

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