BuySellBA
Administrator
People in the know have been adding on Argentine assets to their investment portfolios. Stocks, real estate and other assets on the cheap. We should see more and more companies getting acquired. In this thread people can post about acquisitions of Argentine companies or other related news. Values should skyrocket over the next few years.
We will start this thread with news that Prosus out of Europe has acquired Despegar.
Prosus, one of Europe's leading tech companies, has acquired the online travel agency Despegar for $1.7 billion.
Despegar's shares are up 32% in Wall Street trading. This deal marks a significant milestone for both companies and the tourism sector in the region.
Prosus will pay $19.50 per share in cash.This offer represents a 33% premium over Despegar's closing price on December 20, 2024.
The transaction was unanimously approved by a special committee of Despegar's Board of Directors. This increase brought the share value to levels not seen since 2019. Prosus's acquisition of Despegar has several strategic objectives:
-Consolidate Despegar's position in the Latin American travel market.
-Leverage Prosus's expertise in technology and artificial intelligence to drive innovation.
-Expand Despegar's operations to new markets.Increase investments in technology and explore merger and acquisition opportunities.This acquisition represents a significant step in Prosus's expansion into Latin America and promises to strengthen Despegar's position as a leader in the online travel sector in the region.
We will start this thread with news that Prosus out of Europe has acquired Despegar.
Prosus, one of Europe's leading tech companies, has acquired the online travel agency Despegar for $1.7 billion.
Despegar's shares are up 32% in Wall Street trading. This deal marks a significant milestone for both companies and the tourism sector in the region.
Prosus will pay $19.50 per share in cash.This offer represents a 33% premium over Despegar's closing price on December 20, 2024.
The transaction was unanimously approved by a special committee of Despegar's Board of Directors. This increase brought the share value to levels not seen since 2019. Prosus's acquisition of Despegar has several strategic objectives:
-Consolidate Despegar's position in the Latin American travel market.
-Leverage Prosus's expertise in technology and artificial intelligence to drive innovation.
-Expand Despegar's operations to new markets.Increase investments in technology and explore merger and acquisition opportunities.This acquisition represents a significant step in Prosus's expansion into Latin America and promises to strengthen Despegar's position as a leader in the online travel sector in the region.
