Amex GBT (GBTG) Provides CWT Acquisition Update

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Go back to Amex GBT (GBTG) Provides CWT Acquisition Update

Amex GBT Provides CWT Acquisition Update: Transaction Now Expected to Close in the First Quarter of 2025

July 30, 2024 9:09 AM EDT

NEW YORK--(BUSINESS WIRE)-- American Express Global Business Travel, which is operated by Global Business Travel Group, Inc. (NYSE: GBTG) (Amex GBT or the Company), a leading software and services company for travel, expense and meetings & events, has today announced it now expects its proposed acquisition of CWT, a global business travel and meeting solutions provider, to close in the first quarter of 2025.

Amex GBT continues to work collaboratively with regulatory authorities including the U.K. Competition and Markets Authority (CMA) and the Antitrust Division of the U.S. Department of Justice in their... More