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Enjoy SA To Buy Caesars Entertainment Corp's Uruguay Unit-Reuters


Monday, 12 Nov 2012 08:26am EST 

Reuters reported that Caesars Entertainment Corp has agreed to sell a controlling operating stake in Uruguay's hotel and casino Conrad to Chile's Enjoy SA for around $140 million. Enjoy which runs hotels and casinos in Chile and Argentina will buy a 45% stake in Caesars Entertainment's Baluma unit and will pay for the acquisition with a planned capital increase. 

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