Thursday, March 28, 2024
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Posted by: Sierra Lindemann
American Express Global Business Travel (Amex GBT) has announced its intention to acquire CWT, a prominent business travel and meetings solutions provider, for approximately $570 million. This strategic acquisition aims to expand Amex GBT's offerings, providing CWT customers access to Amex GBT's proprietary travel and expense software and services, including Neo and Egencia. With this move, Amex GBT seeks to offer a broader range of professional services, including meetings, events, consulting and sustainability solutions.