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Amsterdam-based Prosus to acquire Latin American travel agency Despegar for €1.6B: Know more

  • Amsterdam-based Prosus is set to acquire Latin American Online Travel Agency (OTA) Despegar for €1.6B ($1.7B).
  • The offer represents a 33% premium over Despegar's closing share price and a 34% premium compared to the 90-day volume weighted average price.
  • The acquisition aims to create synergies with Prosus's other businesses in the Latin American market.
  • The transaction requires approval from Despegar's shareholders and regulatory agencies before closing in Q2 2025.

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