Enjoy to sell new shares

Enjoy to sell new shares

M&A Equity Chile Latin America Capital Markets Tourism Coronavirus

Chilean casino and hotel operator Enjoy plans to issue $250 million worth of new shares as part of its planned merger with local rival Dreams, according to a securities filing. Santiago-based Enjoy will issue 93.2 billion shares worth a total of CLP205 billion ($250 million), according to a document filed with securities regulator CMF. The move toward selling the new shares comes a month after Enjoy emerged from bankruptcy protection after restructuring its debts, selling several assets and ente

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