Mattos Filho and others act on the acquisition of Despegar.com
Mattos Filho advised MIH Internet Holdings and MIH Investments Merger Sub Limited, companies controlled by Prosus, a global investor and technology operator group, on the execution of merger agreement that resulted in 100% acquisition of Despegar.com, an on-line travel agency leader of Latin America.
The closing of the transaction is subject to the usual conditions for this type of transactions, including the approval by Despegar shareholders and obtainment of necessary regulatory approvals. The transaction value was BRL 1.7 billion.
Mattos Filho relied on partners Moacir Zilbovicius, Camilla Martes, Marcio Soares, associates Matheus Dias Patrocinio, Luiza Leão Lima, Maria Izabella Vilas Boas and Marina Hiromi Sonoda.
Davis Polk & Wardwell Brussels, Morgan Stanley & Co. International and A&O Shearman also participated at this transaction.
