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Amex GBT to go private in $6.3B acquisition by Long Lake
1reports1reporting sources2026-05-04Update
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The privatization of Amex GBT will reshape the corporate travel landscape, with Long Lake's AI capabilities potentially accelerating innovation in travel management, impacting TMC competition and customer service models.
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5月4日
- PhocusWire All NewsAmex GBT to go private in $6.3B acquisition by Long Lake
Long Lake Management will acquire American Express Global Business Travel for approximately $6.3 billion in an all-cash deal, valuing shares at $9.50 each. Expected to close in H2, making Amex GBT private again. Long Lake's AI capabilities will drive corporate travel transformation.