Long Lake to acquire world’s largest corporate travel platform Amex GBT for $6.3 bn, ETTravelWorld
American Express Global Business Travel (Amex GBT), operated by Global Business Travel Group, Inc., has entered into a definitive agreement to be acquired by Long Lake Management in an all-cash transaction valued at approximately USD 6.3 billion. The agreement marks a significant development in the corporate travel sector, combining technology-driven capabilities with large-scale travel services. … Read more