Prosus to acquire latin america's leading online travel agency, despegar, for us$1.7bn

Amsterdam & johannesburg, south africa--(business wire)--prosus, a global technology company, today announces that it has entered into a definitive agreement to acquire despegar (nyse: desp) a leading latin american online travel agency (ota), for $19.50 per share, equating to a 33% premium to the closing share price as of 20 december 2024, and a 34% premium to despegar's 90-day vwap (volume weighted average price). the proposed transaction was approved by despegar's board of directors, who rec.
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