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Despegar to be acquired by Prosus in $1.7bn deal
Reading Time: 2 minutesBritish Virgin Islands / South America: Latin American online travel service company Despegar has entered into a definitive merger agreement to be acquired by global technology firm Prosus, with the deal valuing Despegar at $1.7 billion.
Scottish travel tech companies pen open letter to First Minister
Reading Time: 2 minutesScotland: Five travel tech companies based in Scotland have released an open letter to the First Minister, expressing their “grave concerns of the impact of short-term lets [STL] regulatory legislation and planning controls” being introduced in the country.