PROSUS overview

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Prosus N.V. (Prosus) (AEX and JSE: PRX), the global technology company, today announced it has reached a conditional agreement to acquire Just Eat Takeaway.com (AMS:TKWY), to create the fourth largest food delivery group globally. Prosus intends to acquire Just Eat Takeaway.com’s entire issued share capital for €20.30 per share via a recommended all-cash public offer on the Amsterdam exchange. This represents a 49% premium to the 3-month VWAP as of 21 February 2025, and a 22% premium to Just...

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...

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...

Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”) , Latin America’s leading travel technology company, today announced that it has entered into a definitive merger agreement (“the Agreement”) to be acquired by Prosus (Euronext: PRX), a leading global technology company for $19.50 per share in an all cash transaction (the “Transaction”), representing an enterprise value of approximately $1.7 billion for Despegar. The transaction price represents a premium of...

Prosus N.V. ( Prosus ) (AEX and JSE: PRX): The first six months of the financial year have been a successful period for the Group. Our operations delivered topline growth of 26%, with consolidated Ecommerce revenue of US$3.0bn, and we increased Ecommerce adjusted EBIT by five times to US$181m. We recently celebrated the listing of Swiggy, valued at US$11.3bn, and sold US$2bn+ of assets, including a portion of our Swiggy stake and our Trip.com position. Our buyback has created US$36bn of value...