Prosus Acquires Despegar for $19.50 Per Share

May 15, 2025

Prosus has completed its acquisition of Despegar at a purchase price of $19.50 per share, following approval by Despegar's board and shareholders and receipt of required regulatory clearances. The deal brings Latin America's leading online travel agency into Prosus's digital lifestyle ecosystem to accelerate growth, AI capabilities and cross-platform opportunities across food delivery, classifieds, travel, experiences and fintech in the region.

Buyers
Prosus
Targets
Despegar
Sellers
Despegar shareholders
Location
Buenos Aires, Argentina
Transaction Type
Buyout

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