Prosus is set to acquire the online travel agency Despegar.com for a substantial sum of US$1.7 billion (approximately R32 billion). This strategic move aims to bolster Prosus’s online commerce footprint in the Latin American market. Despegar’s board has given the green light to the acquisition offer of $19.50 per share, which represents a 33% premium … Continue reading Prosus announces major $1.7 billion acquisition in Latin America