Grupo Enjoy has initiated a strategic review of its business, in which the South American gambling group will consider the individual sale of its casino properties.
This week, the board of Enjoy notified Chile’s Commission of Financial Markets (CMF) that it had initiated a strategic review led by Santiago-based financial advisory ASSET Chile SA.
The CMF was informed that Enjoy was “exploring the existence of interested parties to implement a possible business combination by acquiring share capital or the sale of assets”.
“Enjoy has been working on carrying out long-term strategic plans in order to resume profitability and analysing possible alternatives for a strategic transaction,” – read the firm’s statement to the CMF.
