{"id":49062,"date":"2025-06-05T10:22:09","date_gmt":"2025-06-05T10:22:09","guid":{"rendered":"https:\/\/my.legal500.com\/developments\/?post_type=press_releases&#038;p=49062"},"modified":"2025-06-06T08:21:06","modified_gmt":"2025-06-06T08:21:06","slug":"maples-group-advises-prosus-acquisition-of-leading-latin-american-online-travel-agency","status":"publish","type":"press_releases","link":"https:\/\/my.legal500.com\/developments\/press-releases\/maples-group-advises-prosus-acquisition-of-leading-latin-american-online-travel-agency\/","title":{"rendered":"Maples Group Advises Prosus Acquisition of Leading Latin American Online Travel Agency"},"content":{"rendered":"<p><strong>Maples and Calder, the Maples Group&#8217;s law firm, is pleased to have advised a subsidiary of global investment and technology group, Prosus N.V. (&#8220;Prosus&#8221;), on its US$1.7 billion acquisition of Despegar.com, Corp (&#8220;Despegar&#8221;), Latin America&#8217;s leading online travel agency. The transaction was completed on 15 May 2025.<\/strong><\/p>\n<p><!--more--><\/p>\n<p>Following the take-private, Despegar, which was originally listed on the New York Stock Exchange, was delisted through a BVI statutory merger and became a wholly owned subsidiary of Prosus.<\/p>\n<p>Ruairi Bourke, co-head of the BVI Corporate, Finance and Funds &amp; Investment Management teams, and associate Elliot Ruffle provided BVI counsel to Prosus on the acquisition. They worked along Davis Polk &amp; Wardwell LLP, US Counsel to Prosus<\/p>\n<p>&#8220;We are pleased to have advised Prosus on this strategic acquisition and we look forward to seeing the future advancements that result from this collaboration,&#8221; Ruairi commented. &#8220;This transaction serves as a testament to our team&#8217;s understanding of the Latin America market and unparalleled expertise in high-value M&amp;A deals in the jurisdiction. Our experience in these deals allowed us to assist our client in navigating the complexities of this transaction with precision and confidence.&#8221;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-49062","press_releases","type-press_releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases\/49062","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/types\/press_releases"}],"wp:attachment":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/media?parent=49062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}