Codere confirms that its financial restructuring process does not affect the performance of its operations
⏱ 2 min read
(Madrid).- Faced with various information that appeared in recent days in the media, in which the continuity of the Codere Group's activity is questioned, the current holding company of the group, Codere S.A., wishes to clarify that as it has been reporting in the various communications sent to the CNMV, The financial restructuring process that was announced on April 22 and that will be implemented before November 15, does not affect the normal performance of the group's operations in the different countries in which it operates, including the Spanish market.
As a result of the restructuring process, Grupo Codere will be controlled by a new holding company, through which the current bondholders of the group will have control of it, holding 95% of its capital, while the remaining 5% will correspond to to the current shareholders of the group.
After the implementation of this restructuring, the only company that will proceed to liquidate, since as we advanced in the privileged information communicated to the market, "it will not be able to continue as a going concern",”, Is the current holding, Codere S.A. To do this, a General Shareholders' Meeting will be called, which we hope will approve its dissolution and the opening of its liquidation period. Once this approval is obtained, Codere S.A. will ask the regulator to suspend the listing of its shares.
Regardless of the liquidation process of Codere, S.A., the operation of the group as a whole will follow its normal course in all markets and in all the other companies that make up its perimeter, including Codere Newco. Codere Newco is the Spanish company that, since 2016, brings together, directly or indirectly, all the employees, operations and assets of the Codere Group in all the countries where it is present. The group, therefore, will continue to function and operate normally in the new stage that is opening, under the umbrella of a new holding company and with a new Board of Directors.
With these remarks, we trust that we have clarified the implications of the ongoing process. For any additional clarification in this regard, we provide you with the public information sent to the CNMV. https://www.grupocodere.com/informacion-privilegiada/
As well as the contact of our Communication Department: comunicacion@codere.com
Categoría:Gaming
Tags: Sin tags
País: Spain
Event
AffPapa Conference Madrid 2026
18 de May 2026
StatsDrone Revolutionizes Data Analytics in iGaming at AffPapa Madrid 2026
(Madrid, SoloAzar Exclusive).- John Wright, CEO and co-founder of StatsDrone, shared with SoloAzar his insights after participating in the AffPapa Conference Madrid 2026. He discussed how the company presented its new analytics platform NousViz, the feedback received from attendees, and the strategic goals driving StatsDrone’s expansion in the iGaming and affiliate marketing industries.
Friday 29 May 2026 / 12:00
The Future of Operator-Affiliate Partnerships at AffPapa Madrid 2026
(Madrid, SoloAzar Exclusive).- At AffPapa Conference Madrid 2026, industry leaders gathered to discuss the evolving relationship between operators and affiliates during the panel “The Future of Operator-Affiliate Partnerships.” Moderated by Nugzar Ramishvili, the discussion featured Nikoleta Hristova, Havard Lehn, Nemanja Lazarevic, Gjorgje Ristikj and Armin Aganovic. The session explored key industry challenges including transparency, listing fees, AI adoption, streamer marketing, and the future sustainability of affiliate partnerships.
Friday 29 May 2026 / 12:00
Nordic.Partners Eyes the Future at AffPapa Madrid 2026
(Madrid, SoloAzar Exclusive).- During last week's AffPapa Conference Madrid 2026, SoloAzar spoke with Sara Hägge, CEO at Nordic.Partners, about the company’s participation in the event, the evolution of affiliate marketing within the global iGaming industry, and the strategic role of technology, branding, and community-building in today’s increasingly competitive market. In this interview, Hägge shares her views on affiliate needs, operational efficiency, AI integration, and the future opportunities shaping the affiliate ecosystem.
Thursday 28 May 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.
