We acted as Argentine counsel to Prosus in the $1.7 billion acquisition of Despegar.com, Corp.
Bruchou & Funes de Rioja acted as local legal advisors to Prosus in its US$1.7 billion acquisition of Despegar.com, Corp. The transaction is expected to close in the second quarter of 2025, subject to the approval of Despegar’s shareholders, the receipt of required regulatory clearances and other customary closing conditions.
Prosus is a global technology company, with a wide experience in the creation of leading technology companies worldwide. Despegar.com, Corp., one of the leading travel technology companies in Latin America, will benefit from the significant resources, operational expertise, and advanced AI capabilities provided by Prosus.
Bruchou & Funes de Rioja’s corporate team was led by partners Estanislao H. Olmos and José Bazán, and included associates Hernán Alal, María Gulias, Giuliana Busico Guaspari, and Agustina Lanús de la Serna. HR Law partners María Eugenia Santos and Lucila Tagliaferro, along with associate Leandro Vázquez, provided labor law and executive compensation advice, among other practice areas involved in the transaction.
David Polk served as lead counsel for Prosus, with a corporate team that included partners Louis Goldberg and Lee Hochbaum, and associates F. Adam Abulawi, Rahul Srivastava and Yi Bao.
