Acquiring Company
American Express
Acquired Company
American Express Global Business Travel
Description
American Express Company confirms it no longer holds any beneficial ownership in Global Business Travel Group, Inc. after the merger completed on September 29, 2026. The merger resulted in the cancellation and conversion of 157,786,199 shares at $9.50 per share. Consequently, American Express exited its investment, with no remaining shares held. This marks a significant shift in ownership following the merger.
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Frequently asked
Who acquired American Express Global Business Travel?
American Express Global Business Travel was acquired by American Express, based in New York. The deal was reported on October 1, 2026. American Express is a globally integrated payments company, providing customers with access to products, insights and experiences that enrich lives and build business success. American Express is publicly traded (AXP) and operates in Financial Services.
When did American Express acquire American Express Global Business Travel?
American Express's acquisition of American Express Global Business Travel was reported on October 1, 2026. American Express Company confirms it no longer holds any beneficial ownership in Global Business Travel Group, Inc. after the merger completed on September 29, 2026. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does American Express Global Business Travel do?
American Express Global Business Travel is a leading B2B software and services company for travel and expense. It is privately held, operating in Travel, and is based in New York.
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