Global Business Travel Group to acquire CWT for $570M

Global Business Travel Group to acquire CWT for $570M Mar. 25, 2024 8:44 AM ET Global Business Travel Group, Inc. (GBTG) Stock By: SA News Team ArtistGNDphotography/E+ via Getty Images ... Read More

Global Business Travel Group Stock Falls On DOJ’s Lawsuit To Block Acquisition Of CWT Holdings - MSN

CWT is the third-largest business travel management company in the world. In March 2024, Amex GBT announced its intent to acquire CWT in a $570 million deal that was to be funded by a combination ... Read More

Global Business Travel Stock Price, Quotes and Forecasts

Explore Global Business Travel stock price, ... Acquires CWT For $570M In Bold Business Travel Move. ... Global Business Travel Group Inc operates as a business-to-business travel platform. Read More

DOJ Sues to Block Global Business Travel Group’s $570 Million Deal for CWT Holdings - MSN

The lawsuit alleges the proposed $570 million transaction would harm competition for business travel management services. Global business Travel Group—also known as Amex GBT—and CWT Holdings ... Read More

Global Business Travel Group Cuts Price of Deal for Rival CWT

Global Business Travel Group said that a deal to acquire rival CWT Holdings would be valued at around $540 million from $570 million after the parties amended the terms of their agreement. Read More

Stocks to Watch: Global Business Travel Group - MarketWatch

Global Business Travel Group's deal to acquire rival CWT Holdings will be valued at around $540 million, rather than $570 million, after the parties amended the terms of their agreement. Read More

Amex GBT's Big CWT Deal Would Add Scale but Faces Scrutiny

Among BTN Europe's ranking of Europe's leading TMCs, Amex GBT in 2023 ranked first and CWT third, outranked only by BCD Travel. In the broader space of travel sellers, Amex GBT last year ranked third ... Read More

Another vestige of Carlson travel empire sold, this one to Amex spinoff for $570M - Yahoo Finance

Minneapolis-based CWT, a business travel and meeting management firm that was part of a prominent Minnesota family's business legacy, will sell to rival American Express Global Business Travel for ... Read More

Amex GBT Expands Empire: Acquires CWT For $570M In Bold Business Travel Move - Global Business Travel (NYSE:GBTG) - Benzinga

American Express Global Business Travel (Amex GBT) gears up for a game-changing acquisition, set to acquire CWT for approximately $570 million. This strategic move, funded by a mix of stock and ... Read More

American Express Global Business Travel Announces Provisional UK Antitrust Clearance of Acquisition of CWT - Yahoo Finance

NEW YORK, February 18, 2025--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 ... Read More

Global Business Travel Group: Weak Profitability, But CWT Acquisition Looks Promising (NYSE:GBTG) - Seeking Alpha

Global Business Travel Group previously Amex GBT, was a part of American Express until 2014 when it was divested to an investor group. In May 2022, the company came public via SPAC . Read More

DOJ Sues to Block Global Business Travel Group’s $570 Million Deal for CWT Holdings - WSJ - The Wall Street Journal

The Justice Department filed a civil antitrust lawsuit Friday to block Global Business Travel Group GBTG-0.49 % decrease; red down pointing triangle from acquiring CWT Holdings. Read More