M&A: Despegar.com, Corp.

Form Type: 6-K/A

Filing Date: 2024-12-30

Corporate Action: Merger

Type: Update

Accession Number: 000110465924132287

Comments: Despegar.com, Corp. has amended its previous report to announce that it entered into a Merger Agreement on December 23, 2024, with MIH Internet Holdings B.V. and MIH Investments Merger Sub Limited, whereby the Merger Sub will merge with and into Despegar.com, allowing the company to become a wholly owned subsidiary of the Parent. Upon merger completion, shareholders will receive $19.50 per Ordinary Share, with specific conditions outlined regarding certain shares and options. The Merger is contingent on majority shareholder approval and regulatory conditions being met. The agreement includes provisions regarding acquisition proposals and outlines termination fees for both parties.

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