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Published

Despegar To Be Acquired By Prosus For $1.7 Billion in All Cash Deal - Despegar.com (NYSE:DESP)

  • Naspers-Owned Prosus is set to acquire Despegar, a Latin American travel company, for $1.7 billion.
  • The acquisition reflects Prosus's strategy to expand its presence in the Latin American market.
  • Despegar is known for providing online travel services in Latin America.
  • The deal highlights the growing interest in the travel sector by major investors.
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  • 67% of the sources are Center
66% Center
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