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…
UK Approves Amex GBT’s Big Travel Merger, But DOJ Suit Forces Pause | Mogin Law LLP
The United Kingdom’s Competition and Markets Authority (CMA) has approved the proposed merger of American Express Global Business Travel Group (Amex GBT) and Carlson Wagonlit Travel (CWT Holdings LLC), a…
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…
Amex GBT and CWT challenge CMA’s merger investigation findings
American Express Global Business Travel and CWT have raised a series of objections to the UK Competition and Markets Authority’s decision to escalate its investigation into their proposed $570 million…