Years ago, it appeared as though Expedia Group would be a likely buyer of Despegar since Expedia had taken a significant minority stake in the company. But Expedia backed away, and now Prosus is ...

Latin American online travel agency Despegar.com (DESP) said Monday that it agreed to be acquired and taken private by tech company Prosus in a deal valued at $1.7 billion. The cash consideration ...

Prosus, the tech conglomerate controlled by Naspers, is paying $1.7 billion to acquire Despegar, one of the biggest online travel agencies in Latin America, to scale up its operations in the region.

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America’s leading travel technology company ...

TD Cowen analyst Kevin Kopelman downgraded Despegar.com (DESP) to Hold from Buy after the company entered into an agreement to be acquired by Prosus (PROSY) for $19.50 per share in an all cash ...

Despegar to be acquired by Prosus for $19.50/share, a 34% premium, valuing the company at $1.7B; shares up 31.40%. The deal will enhance Despegar's innovation and growth via Prosus' resources ...

Despegar, a global leader in online travel services, and Prosus, a leading global technology company, join forces in an all cash transaction Shareholders of Despegar will receive $19.50 per share ...

BRITISH VIRGIN ISLANDS - Despegar.com, Corp. (NYSE:DESP), a prominent travel technology company in Latin America, has teamed up with Nubank (NYSE:NU), a leading digital banking... ByInvesting.com ...

Despegar has entered into a definitive merger agreement to be acquired by Prosus for $19.50 per share in an all-cash transaction, valuing Despegar at approximately $1.7 billion. The merger ...

The merger, approved by Despegar’s Board of Directors, represents a 34% premium over Despegar’s 90-day average trading price and is expected to close in Q2 2025, subject to shareholder and ...