The basic premise of the lawsuit is that there is a distinct market for global/multinational (GMN) travel management and that only Amex GBT, CWT and BCD can fulfill the needs of this market.

The UK's Competition and Markets Authority (CMA) has decided to conduct an in-depth investigation into the acquisition of CWT Holdings by American Express Global Business Travel Group, Inc. (Amex GBT) ...

Combined, you have the makings for massive buying and selling activity. We will continue to see large deals like the Amex GBT and CWT tie up. Recently the U.S. and the UK government have put the ...

There was a record number of M&A deals in travel tech in 2024, funded by billions of dollars in private equity. Here's why, ...

Deal ‘will further consolidate an already consolidated market’ The US Justice Department’s antitrust lawsuit against Amex GBT’s takeover of CWT places a significant hurdle in the way of the deal, ...

A US judge has set a trial date of 8 September following the DOJ's lawsuit to block American Express Global Business Travel's acquisition of CWT. US District Court judge Victor Marrero rejected a ...

U.S. District Court judge Victor Marrero has set a Sept. 8 trial start date for the U.S. Department of Justice's lawsuit to block American Express Global Business Travel's acquisition of CWT, going ...

And now if DoJ is going the same way, I feel so sorry for all the great travel people involved - especially the team at CWT. I can talk ... Our own transaction with Amex GBT was about as smooth ...

American Express Global Business Travel's orientation toward New Distribution Capability development has played a supporting role in regulatory challenges of its proposed acquisition of CWT.

American Express Global Business Travel has agreed an "enhanced" agreement with Lufthansa Group to "expand and accelerate ...

AmEx forecast 2025 earnings per share between $15 and $15.50, compared with estimates of $15.23. It expects revenue growth between 8% and 10%, compared with expectations of 8.1%.

They both have good products and are making some inroads and we will make sure we are responding to that," said Squeri, who would not comment on whether Amex was pursuing acquisitions in the fintech ...