Radar > 234219

Enjoy Casinos & Resort finalizes search for strategic partners

Enjoy Casinos & Resort ultima su búsqueda de socios estratégicos

Intel ID : 234219
Synopsis

Enjoy Casinos & Resort (BCS:ENJOY), a Chile-based casino operator, reached the final stage in its search for a strategic partner which will allow it to face its regional expansion, reported Diario Financiero on 26 February, 2016.

Specifically, Enjoy explained that, under confidentiality agreements signed by companies interested in the operator, it is carrying out the revision of its main financial, commercial, and operational aspects, based on the data room set up for this stage.

The company is already in a due diligence phase, for which it retained Bank of America (NYSE:BAC) as advisor.
(content in spanish)

Enjoy Casinos & Resort (BCS:ENJOY), gestora chilena de casinos, ha llegado a su fase final para encontrar un socio estratégico que le permita encarar su expansión regional, según ha informado Diario Financiero el 26 de febrero de 2016.

En concreto, la chilena ha indicado que, al amparo de acuerdos de confidencialidad firmados por interesados en la sociedad, está en desarrollo de la revisión de los principales aspectos financieros, comerciales y operativos de la empresa, a partir del data room que se ha habilitado para esta fase.

En ese sentido, la firma ya se encuentra en la etapa de due diligence de este proceso en el cual cuenta con la asesoría de Bank of America (NYSE:BAC).

Bidder

Enjoy Casinos & Resort
Chile

Advisors

retained

Intel ID 234219
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - Enjoy Casinos & Resort
(31 Dec 2014)

EBITDA: EUR 72,32m
Exchange Rate:
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Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Sports and Leisure (Primary)
Primary Sector (TTRSC)
15.10.01 Casinos & Gambling
15 Consumer Products & Services / 15.10 Travel, Hospitality & Leisure

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Financial Advisory

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.