Prosus to acquire online travel agency in Latin America for $1.7 billion
Prosus is set to acquire Latin America’s top online travel agency, Despegar, for $1.7 billion to expand its ecosystem.
Prosus is set to acquire Latin America’s top online travel agency, Despegar, for $1.7 billion to expand its ecosystem.
CEO Bloisi emphasizes profitability and strategic divestments in core business
Prosus N.V. has grown into a leading global consumer Internet group. The transaction gives Prosus liquidity to focus on higher-growth areas in its portfolio.
Prosus, a global consumer internet group founded in 1997 under South African billionaire Koos Bekker’s leadership, has become one of the world’s largest technology investors.
Navigating headwinds: Bekker’s Prosus N.V. stake takes a hit amid industry disruptions.
Despite these setbacks, Bekker remains one of the most affluent billionaires in Africa, boasting a net worth of $2.4 billion.
Bekker’s 0.74-percent stake in Prosus is worth a staggering €1.013 billion ($1.11 billion) at the time of writing.
With a net worth of $2.5 billion, Bekker ranks among the wealthiest billionaires on the African continent.
Bekker has been an active businessman since 1985.
Bekker recently sold $190.4 million worth of Prosus shares via a family trust to finance the development of hotels in various countries.
Bekker is the driving force behind Naspers and Prosus.
Bekker owns a 0.86-percent stake in Amsterdam-based investment group, Prosus NV.
Naspers is a top cable TV operator and e-commerce investor.
Bekker’s 0.84-percent stake in Prosus is worth $588 million.