Despegar Jumps 31% On Acquisition By Prosus, $1.7 Billion All Cash Deal
Despegar Jumps 31% On Acquisition By Prosus, $1.7 Billion All Cash Deal
The deal values Despegar at approximately $1.7 billion in enterprise value.$Despegar.com (DESP.US)$ shares are surging 31% on Monday after the company disclosed a deal to be acquired by Prosus for $19.50 per share in an all-cash transaction.
$Despegar.com (DESP.US)$ 在周一，该公司的股票上涨了31%，因为该公司披露了与Prosus达成协议，以每股19.50美元的全现金交易被收购。
The transaction price reflects a 34% premium over Despegar's 90-day volume-weighted average share price as of December 20, 2024.
交易价格比截至2024年12月20日Despegar的90天成交量加权平均股价溢价34%。
Despegar's Board of Directors has approved the merger agreement and recommended shareholder approval following the unanimous endorsement of a Transaction Committee composed of independent directors.
Despegar的董事会已批准合并协议，并在由独立董事组成的交易委员会一致支持后建议股东批准。
The deal values Despegar at approximately $1.7 billion in enterprise value.
该交易使Despegar的企业价值约为17亿美元。
Despegar will gain access to Prosus' extensive resources, operational expertise, and advanced AI capabilities.
Despegar将获得Prosus庞大的资源、运营专业知识和先进的人工智能能力。
As per the deal, a wholly owned subsidiary of Prosus will merge with Despegar, with Despegar remaining as the surviving entity.
根据协议，Prosus的一家全资子公司将与Despegar合并，而Despegar将作为存续实体。
Each outstanding share of Despegar will be converted into the right to receive $19.50 in cash, while the company's Series A Preferred Shares will be canceled and converted into payments as specified by their terms.
每一股Outstanding的Despegar股票将被转换为接收19.50美元现金的权利，而公司的A系列优先股将被取消并按照其条款转换为支付。
The transaction is anticipated to close in the second quarter of 2025, pending shareholder approval, regulatory clearances, and other customary closing conditions.
预计交易将在2025年第二季度完成，尚待股东批准、监管审核和其他常规交割条件。
Following the transaction's completion, Despegar will transition to a privately held company. Its ordinary shares will be delisted from the New York Stock Exchange and will no longer trade on any public market.
在交易完成后，Despegar将转变为一家私人公司。其普通股将从纽交所退市，并将不再在任何公开市场交易。
Damian Scokin, Despegar's CEO said, "Our customers will benefit from access to more services, enhanced customer experiences, increased loyalty benefits, and more comprehensive solutions tailored to their needs. Together we are setting the stage for a new era of travel marked by greater connectivity, innovation and value."
Despegar的CEO Damian Scokin表示："我们的客户将受益于更多服务的接入，增强的客户体验，更高的忠诚度福利，以及更全面的量身定制解决方案。我们共同为一个新的旅行时代铺平道路，以更大的连通性、创新和价值为标志。"
Fabricio Bloisi, CEO of Prosus Group, added, "Despegar adds significantly to our strong ecosystem in Latin America, a market with amazing growth potential. Today's announcement is about opportunity and growth – alone Despegar is a successful business with great fundamentals and a motivated management team; together, both Despegar and Prosus will make it even stronger."
Prosus集团的CEO Fabricio Bloisi补充道："Despegar显著增强了我们在拉丁美洲的强大生态系统，这是一个具有惊人增长潜力的市场。今天的公告关乎机遇和增长——Despegar单独是一家成功的业务，具有良好的基本面和积极的管理团队；而共同发展，Despegar和Prosus将使其更加壮大。"
