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Amex GBT to go private in $6.3B acquisition by Long Lake

1reports1reporting sources2026-05-04Update

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Amex GBT's privatization marks consolidation in corporate travel, with AI as a core competency.

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5月4日
  1. PhocusWire All News
    Amex 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.