Codere Announces Corporate Recovery Plan

Sun, Jan 27, 2019

Codere SA officials announced “Branded Horizon 2021,” a three-year corporate recovery plan following year-to-date losses of $62.5 million blamed on the collapse of the Argentine peso in 2017-2018. The program will include a digital makeover, new Mexican licenses and entry into Brazil’s gaming market. The company also may offer a public option for new shares.

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