Deal Snapshot
DESPEGAR CLOSES ACQUISITION OF VIAJES FALABELLA IN CHILE, PERU AND ARGENTINA
Tuesday 11 June 2019

Argentina-based online travel company Despegar.com, Corp. (NYSE: DESP) has completed the acquisition of Viajes Falabella in Chile, Perú and Argentina, the company said. As expected however, Viajes Falabella Colombia's operations, have not yet completed the customary closing conditions for transactions of this type, including approval of the relevant antitrust authority.
The acquisition of Viajes Falabella provides customers of both companies with access to an enhanced travel and tourism product and service offering, wherever and however they want to book travel (Mobile, online, Apps, call center and store-within-store locations).


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Details
Date Published: 11/06/2019
Target: Viajes Falabella in Chile, Per, ú and Argentina
Country: Argentina
Sector: Tourism
Type: Corporate acquisition
Status: Closed
Vendor:
Buyer: Despegar.com, Corp
Comment:
Terms of the deal were not disclosed

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