JHSF Península agrees to buy Enjoy Punta del Este for $160m
JHSF Península has agreed to acquire the Enjoy Punta del Este complex for $160 million, through the purchase of all shares in owner and operator Baluma S.A. The sale agreement was signed on 10 April and remains subject, among other conditions, to approval by Uruguay’s Commission for the Promotion and Defense of Competition; Enjoy said its creditors’ committee has approved the sale.
The transaction would transfer full ownership of a major Uruguayan casino resort, subject to competition approval.