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 [...]