Despegar.com announces $150 million investment by l catterton

British virgin islands--(business wire)--despegar.com (the “company”), the leading online travel agency in latin america today announced that on august 20, 2020, it entered into a private placement with an affiliate of l catterton latin america in which despegar will issue and sell non-convertible preferred stock plus warrants to purchase ordinary shares for an aggregate purchase price of $150 million. the company expects the investment to close in september 2020, subject to customary closing c
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