DD3 Acquisition Corp. II (DDMX) to Combine with Codere Online in $353M Deal

DD3 Acquisition Corp. II (DDMX) to Combine with Codere Online in $353M Deal

DD3 II (NASDAQ:DDMX) has entered into a definitive agreement to combine with gaming platform Codere Online at an enterprise value of $353 million, 2.3x its 2022E revenue. Madrid-based Codere Online is the internet division of the Codere Group (MD:CDRE), which operates physical casinos in Spain, Italy, Mexico, Colombia and Panama. Codere Online offers sports betting
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