Prosus and Despegar Complete Acquisition
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 15 2025
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Source: Newsfilter
Prosus Acquires Despegar: Prosus N.V. has completed its acquisition of Latin America's leading online travel agency, Despegar, at a price of $19.50 per share, following necessary approvals and regulatory clearances.
Strategic Expansion: This acquisition is part of Prosus's strategy to enhance its digital lifestyle ecosystem in Latin America, leveraging Despegar's platform alongside its other services to create innovative customer experiences and new revenue opportunities.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
