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.
$Despegar.com (DESP.US)$ 在週一，該公司的股票上漲了31%，因爲該公司披露了與Prosus達成協議，以每股19.50美元的全現金交易被收購。
The transaction price reflects a 34% premium over Despegar's 90-day volume-weighted average share price as of December 20, 2024.
交易價格比截至2024年12月20日Despegar的90天成交量加權平均股價溢價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的董事會已批准合併協議，並在由獨立董事組成的交易委員會一致支持後建議股東批准。
The deal values Despegar at approximately $1.7 billion in enterprise value.
該交易使Despegar的企業價值約爲17億美元。
Despegar will gain access to Prosus' extensive resources, operational expertise, and advanced AI capabilities.
Despegar將獲得Prosus龐大的資源、運營專業知識和先進的人工智能能力。
As per the deal, a wholly owned subsidiary of Prosus will merge with Despegar, with Despegar remaining as the surviving entity.
根據協議，Prosus的一家全資子公司將與Despegar合併，而Despegar將作爲存續實體。
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股票將被轉換爲接收19.50美元現金的權利，而公司的A系列優先股將被取消並按照其條款轉換爲支付。
The transaction is anticipated to close in the second quarter of 2025, pending shareholder approval, regulatory clearances, and other customary closing conditions.
預計交易將在2025年第二季度完成，尚待股東批准、監管審核和其他常規交割條件。
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.
在交易完成後，Despegar將轉變爲一傢俬人公司。其普通股將從紐交所退市，並將不再在任何公開市場交易。
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："我們的客戶將受益於更多服務的接入，增強的客戶體驗，更高的忠誠度福利，以及更全面的量身定製解決方案。我們共同爲一個新的旅行時代鋪平道路，以更大的連通性、創新和價值爲標誌。"
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集團的CEO Fabricio Bloisi補充道："Despegar顯著增強了我們在拉丁美洲的強大生態系統，這是一個具有驚人增長潛力的市場。今天的公告關乎機遇和增長——Despegar單獨是一家成功的業務，具有良好的基本面和積極的管理團隊；而共同發展，Despegar和Prosus將使其更加壯大。"
