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Long Lake to acquire world’s largest corporate travel platform Amex GBT for $6.3 bn

Long Lake to acquire world’s largest corporate travel platform Amex GBT for .3 bn

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