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Market
Will Prosus announce additional acquisitions in Latin America by December 31, 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official press releases from Prosus, financial news outlets
Story
Prosus Acquires Despegar for $1.7 Billion, Offering $19.50 Per Share at 33% Premium
Dec 23, 2024, 12:14 PM
Prosus NV, a leading global internet investment firm, has announced its acquisition of Despegar, a prominent Latin American online travel agency, for $1.7 billion. The deal, which offers $19.50 per share, represents a 33% premium over Despegar's closing price of $14.63 on December 20. This acquisition marks a strategic expansion for Prosus in the Latin American market, as Despegar is recognized as one of the region's leading travel booking platforms. The transaction is expected to enhance Prosus's portfolio in the travel sector, further solidifying its presence in the online travel industry.
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Similar markets
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Increase by less than 10 million • 25%
Increase by 10-20 million • 25%
Increase by more than 20 million • 25%
No significant change • 25%
Another travel company • 25%
E-commerce platform • 25%
Fintech company • 25%
Other sector • 25%
Yes • 50%
No • 50%
