Global Business Travel Stock (NYSE: GBTG)

Global Business Travel

Global Business Travel Group Inc operates as a business-to-business travel platform. It is engaged in providing software and services to manage travel, expenses, and meetings and events for companies of all sizes. The company is engaged in building the marketplace in B2B travel to deliver unrivaled choice, value, and experiences. It also provides business travel solutions, simplified travel management, and business consulting services. Further, The company generates revenue in two ways that involves fees and other revenues relating to processing and servicing travel transactions received from clients and travel suppliers and revenues for the provision of products and professional services not directly related to transactions received from clients, travel suppliers and Network Partners.

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GBTG

American Express Global Business Travel (Amex GBT) gears up for a game-changing acquisition, set to acquire CWT for approximately $570 million. This strategic move, funded by a mix of stock and cash, aims to broaden Amex GBT&#39;s global reach and service offerings. 

Amex GBT Expands Empire: Acquires CWT For $570M In Bold Business Travel Move

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Global Business Travel Group Inc (NYSE:GBTG) delivers impressive fourth-quarter FY23 results, surpassing revenue estimates with a 4.2% year-on-year growth to $549 million. Bolstered by Total Transaction Value expansion and increased Product &amp; Professional Services revenue, GBTG demonstrates resilience amid evolving business travel dynamics. With a narrowed net loss and a significant 83% surge in adjusted EBITDA to $80 million, the company exhibits robust financial performance and anticipates continued growth in 2024.

Global Business Travel Q4 Revenues Gain From Travel Boost: Details

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Global Business Travel Group, Inc. Class A Common Stock

Global Business Travel Group Inc

Press Releases

American Express Global Business Travel to Report Third Quarter 2024 Financial Results on November 5, 2024

American Express Global Business Travel Reports Strong Q3 2024 Financial Results, Raises 2024 Free Cash Flow Guidance and Announces $300 Million Share Buyback Authorization

American Express Global Business Travel Notes U.K. Competition and Markets Authority's Interim Report Regarding CWT Acquisition

Northern Trust Names Robert Moritz, Richard Petrino to Board of Directors

American Express Global Business Travel to Report Fourth Quarter and Full-Year 2024 Financial Results on February 27, 2025

American Express Global Business Travel Announces Provisional UK Antitrust Clearance of Acquisition of CWT

American Express Global Business Travel Reports Strong Fourth Quarter and Full-Year 2024 Financial Results; With Continued Momentum in 2025

Amex GBT Receives Credit Rating Upgrade; S&P Global Ratings Upgrades the Company to BB-

UK Competition and Markets Authority Approves Amex GBT's Acquisition of CWT

American Express Global Business Travel Announces Amended Merger Agreement for CWT Acquisition

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