In a sudden twist, the UK regulatory authority now thinks an Amex GBT-CWT merger would not thwart competition in travel management services.

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 services company for travel, expense,

On today’s pod, we talk about IHG’s new acquisition, UK airlines’ fuel problem, and a nearing business travel mega merger.

One obstacle to American Express Global Business Travel's acquisition of CWT appears to be clearing, as the U.K. Competition and Markets Authority has reversed its position that the merger would weaken competition.

The UK competition watchdog has provided outline clearance to Amex GBT’s planned $570 million purchase of rival CWT in an about turn to its previous opposition to the deal.

The UK’s Competition and Markets Authority (CMA) has changed its stance on the American Express Global Business Travel-CWT merger and has “provisionally” said that the deal should now be allowed to proceed.