Prosus to Acquire Latin America’s Leading Online Travel Agency, Despegar, for US$1.7bn
NASPERS LTD S/ADR (NPSNY)
NASDAQ:AMEX Investor Relations:
naspers.com/news/publication-of-prospectus-and-expected-admission-o
Company Research
Source: Business Wire
AMSTERDAM & JOHANNESBURG--(BUSINESS WIRE)--Prosus, a global technology company, today announces that it has entered into a definitive agreement to acquire Despegar (NYSE: DESP) a leading Latin American Online Travel Agency (OTA), for $19.50 per share, equating to a 33% premium to the closing share price as of 20 December 2024, and a 34% premium to Despegar’s 90-day VWAP (volume weighted average price). The proposed transaction was approved by Despegar’s board of directors, who recommended that Despegar shareholders vote in favour of the proposed transaction following the unanimous recommendation by a transaction committee.The transaction introduces a significant and compelling addition to Prosus’s Latin America ecosystem, which, post-transaction, will expand to serve over 100 million customers across local e-commerce, travel, and fintech sectors.Fabricio Bloisi, CEO of Prosus Group said:“This acquisition is a clear demonstration of our strategy to build value by creating a high-qu
Show less
Read more
Impact Snapshot
Event Time:
NPSNY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NPSNY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NPSNY alerts
High impacting NASPERS LTD S/ADR news events
Weekly update
A roundup of the hottest topics
NPSNY
News
- With 47% ownership of the shares, Delivery Hero SE (ETR:DHER) is heavily dominated by institutional owners [Yahoo! Finance]Yahoo! Finance
- Naspers Accelerates Growth, With 5X Improvement in Adjusted EBIT [Yahoo! Finance]Yahoo! Finance
- Naspers Accelerates Growth, With 5X Improvement in Adjusted EBITBusiness Wire
- Carried interest’s day of reckoning [Financial Times (FT.com) (UK)]Financial Times
- Voluntary Announcement: Letter From Fabricio Bloisi, Chief Executive, Naspers, on His First 100 Days [Yahoo! Finance]Yahoo! Finance