Amex GBT-CWT merger to proceed
American Express Global Business Travel will acquire competitor CWT in a transaction worth $540 million – a reduced valuation from the original $570 million deal – after the US Department…
Amex GBT-CWT Merger Cleared, Will Create Business Travel Giant Twice the Size of Nearest Rival
The U.S. Department of Justice has dropped its lawsuit challenging the merger of American Express Global Business Travel and CWT, clearing the way for the formation of a business travel…
Amex GBT-CWT deal approved by CMA
The UK’s Competition and Markets Authority has today cleared American Express Global Business Travel’s $570 million acquisition of CWT, however the merger stills faces a regulatory hurdle in the US…
UK Regulator Gives Green Light to Amex GBT-CWT Merger
The UK’s competition regulator, which last year preliminarily found that American Express Global Business Travel’s pending $570 million acquisition of rival CWT would likely stifle competition in corporate travel, has…