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"contents": "<div class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD\" data-testid=\"paragraph-0\">Dutch technology investor Prosus NV said on Monday it would buy Latin America-focused online travel agency Despegar.com Corp for about $1.7 billion in cash, as it looks to expand its services across Latin America.</div>\r\n<div class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD\" data-testid=\"paragraph-1\">Prosus, majority-owned by South Africa's Naspers, said it would pay $19.50 per Despegar share, which is a premium of about 33% to the stock's closing price on Friday.</div>\r\n<div data-testid=\"paragraph-1\"></div>\r\n<div data-testid=\"paragraph-1\"></div>\r\n<div class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD\" data-testid=\"paragraph-2\">Despegar.com's shares jumped about 32% in premarket trading.</div>\r\n<div data-testid=\"paragraph-2\"></div>\r\n<div data-testid=\"paragraph-2\"></div>\r\n<div data-testid=\"paragraph-2\">\r\n<div class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD\" data-testid=\"paragraph-3\">Prosus said it plans to create synergies between Despegar, which operates in more than 19 Latin American markets, and its other regional businesses such as food delivery platform iFood and events platform Sympla.</div>\r\n</div>\r\n<div data-testid=\"paragraph-3\"></div>\r\n<div data-testid=\"paragraph-3\"></div>\r\n<div data-testid=\"paragraph-2\">\r\n<div class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD\" data-testid=\"paragraph-4\">E-commerce is one of Amsterdam-listed Prosus' main areas of investments. It has a portfolio that includes food delivery firm Delivery Hero online marketplaces such as OLX, educational software firms such as SkillSoft and Stack Overflow, and payments companies such as India-focused PayU.</div>\r\n</div>\r\n<div data-testid=\"paragraph-4\"></div>\r\n<div data-testid=\"paragraph-2\">\r\n<div data-testid=\"paragraph-4\"></div>\r\n</div>\r\n<div data-testid=\"paragraph-4\">\r\n<div class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD\" data-testid=\"paragraph-5\">Founded in Argentina in 1999, Despegar is one of Latin America's largest online tourism platforms and has been affected by high inflation in Argentina and currency depreciation against the U.S. dollar in key markets Brazil and Mexico.</div>\r\n<div class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD\" data-testid=\"paragraph-6\">The deal is expected to close in the second quarter of 2025.<strong> DM</strong></div>\r\n<div class=\"article-body__element__2p5pI\">\r\n<div class=\"spacing-container__container__2g5QT spacing-container__t-spacing-single__1uXb9 spacing-container__b-spacing-single__2RCDp spacing-container__max-width__zScFd cnx-player__container__3kxx8\" data-testid=\"CnxPlayer\" data-variant-id=\"inline-video-player\">\r\n<div id=\"in-article-desktop-video-player\" class=\"cnx-player__video-player__yUvan\"></div>\r\n</div>\r\n</div>\r\n</div>",
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