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Global Business Travel Group, Inc.

6.32

-0.1100-1.71%

Post-market: 6.320.00000.00%16:10 EDT

Volume:656.50K

Turnover:4.17M

Market Cap:3.03B

PE:-66.62

High:6.46

Open:6.46

Low:6.32

Close:6.43

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Overview Company News Filings

American Express Global Business Travel - Q4 2024 Revenue $591 Million

THOMSON REUTERS

Global Business Travel Group FY EPS USD -0.3

THOMSON REUTERS

Global Business Travel Group Inc: Outloook 2025 REV $2.50 Bln - $2.55 Bln

THOMSON REUTERS

Global Business Travel Group Inc: Guiding to 5%-7% Constant Currency Revenue Growth in 2025

THOMSON REUTERS

Global Business Travel Group Inc Q4 REV View $589.2 Mln -- Lseg Ibes Data

THOMSON REUTERS

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

THOMSON REUTERS

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

Global Business Travel (GBTG) Q4 Earnings Report Preview: What To Look For

TFI International Inc. (TFII) Misses Q4 Earnings and Revenue Estimates

PRESS DIGEST- Financial Times - Feb 19

Global Business Travel Group's CWT Bid Won't Hurt Competition, U.K. Regulator Says

Global Business Travel Group-Operated Amex GBT Says CWT Acquisition Gets Provisional UK Antitrust Clearance

MT Newswires Live

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

THOMSON REUTERS

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

THOMSON REUTERS

Public companies account for 50% of Global Business Travel Group, Inc.'s (NYSE:GBTG) ownership, while sovereign wealth funds account for 19%

Simply Wall St.

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

FACTBOX-List of UK competition regulator cases as new boss steps in

Global Business Travel Group Inc - Merger Agreement Drop Dead Date Changed to March 17, 2025

THOMSON REUTERS

Amex GBT Labels DOJ Lawsuit to Block CWT Merger a ‘Blatant Politicized Effort’

US sues to block corporate travel company merger

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Release: American Express Global Business Travel Reports Strong Fourth Quarter and Full-Year 2024 Financial Results; With Continued Momentum in 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2514801081","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514801081?lang=en_us&edition=fundamental","pubTime":"2025-02-27 20:45","pubTimestamp":1740660300,"startTime":"0","endTime":"0","summary":"American Express Global Business Travel Reports Strong Fourth Quarter and Full-Year 2024 Financial Results; With Continued Momentum in 2025. American Express Global Business Travel, which is operated by Global Business Travel Group, Inc.  , a leading software and services company for travel, expense, and meetings & events today announced financial results for the fourth quarter and full year ended December 31, 2024.In Q4 2024, delivered $591 million of revenue, up 8% year over year,and $110 million of Adjusted EBITDA, up 39% year over year.Full-year Revenue of $2,423 million, 6% growth year over year.Full-year Adjusted EBITDA of $478 million, representing growth of 26%. In Q4 2024, Adjusted EBITDA margin of 19%, expansion of 420 bps year. Full-year Adjusted EBITDA margin expansion of 310 bps to 20%, Revenue. grew 6%, while Adjusted Operating Expenses only increased 2%.Full-year Total New Wins Value of $2.8 billion, including $2.2 billion. investment to drive future growth expected to g","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["GBTG","AXP","BK4142"],"gpt_icon":0},{"id":"2514853048","title":"Global Business Travel (GBTG) Q4 Earnings Report Preview: What To Look For","url":"https://stock-news.laohu8.com/highlight/detail?id=2514853048","media":"StockStory","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514853048?lang=en_us&edition=fundamental","pubTime":"2025-02-26 21:10","pubTimestamp":1740575426,"startTime":"0","endTime":"0","summary":"B2B travel services company Global Business Travel  will be reporting results tomorrow morning. Here’s what you need to know.Global Business Travel missed analysts’ revenue expectations by 2.6% last quarter, reporting revenues of $597 million, up 4.6% year on year. It was a slower quarter for the company, with full-year revenue guidance slightly missing analysts’ expectations.Is Global Business Travel a buy or sell going into earnings?Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft  to Alphabet , Coca-Cola  to Monster Beverage  could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we’ve identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/global-business-travel-gbtg-q4-131026546.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["GBTG"],"gpt_icon":0},{"id":"2512459914","title":"TFI International Inc. 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A quarter ago, it was expected that this company would post earnings of $1.79 per share when it actually produced earnings of $1.60, delivering a surprise of -10.61%.Over the last four quarters, the company has surpassed consensus EPS estimates just once.TFI International , which belongs to the Zacks Transportation - Services industry, posted revenues of $2.08 billion for the quarter ended December 2024, missing the Zacks Consensus Estimate by 6.89%. This compares to year-ago revenues of $1.97 billion. The company has not been able to beat consensus revenue estimates over the last four quarters.Investors should be mindful of the fact that the outlook for the industry can have a mater","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/tfi-international-inc-tfii-misses-221506529.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["TFI","TFII","GBTG"],"gpt_icon":0},{"id":"2512110708","title":"PRESS DIGEST- Financial Times - Feb 19","url":"https://stock-news.laohu8.com/highlight/detail?id=2512110708","media":"Reuters","labels":["policyRegulatory","event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512110708?lang=en_us&edition=fundamental","pubTime":"2025-02-19 09:41","pubTimestamp":1739929288,"startTime":"0","endTime":"0","summary":"PRESS DIGEST- Financial Times - Feb 19Feb 19 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headline","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250219:nL3N3PA03U:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"policyRegulatory,event","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0171293334.USD","LU1003076772.USD","LU1267930573.SGD","LU1983299246.USD","LU0052756011.USD","LU0823399737.USD","IE0002141913.USD","GBTG","AZN.UK","LU1064927863.SGD","LU0882574055.USD","LU1119994496.HKD","LU1267930490.SGD","LU2133065610.SGD","SG9999013999.USD","LU1880407215.USD","IE00BJJMRZ35.SGD","IE00B2B36J28.USD","LU1057294990.SGD","LU1153584641.USD","LU0011850046.USD","03165","LU1880407132.USD","LU0310800965.SGD","IE00BJT1NW94.SGD","LU0661504455.SGD","LU0823416689.USD","LU1989772840.SGD","LU0496365809.HKD","LU2279689827.SGD","LU0889566641.SGD","LU1487256676.USD","LU0114720955.EUR","LU1989771016.USD","LU0128525929.USD","LU0211328371.USD","LU0708994859.HKD","LU1023059063.AUD","LU0972486137.USD","LU0077335932.USD","LU0969580561.USD","LU1003077747.HKD","LU1323610961.USD","SG9999001176.USD","LU0211327993.USD","LU0738911758.USD","LU1051770623.HKD","LU0575583348.USD","LU0310799852.SGD","LU0047473722.EUR"],"gpt_icon":0},{"id":"2512608121","title":"Global Business Travel Group's CWT Bid Won't Hurt Competition, U.K. Regulator Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2512608121","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512608121?lang=en_us&edition=fundamental","pubTime":"2025-02-19 01:04","pubTimestamp":1739898240,"startTime":"0","endTime":"0","summary":"The U.K.'s Competition and Markets Authority should clear Global Business Travel Group's $570 million acquisition of CWT Holdings, the regulator's experts have said after initially raising concerns the deal could raise prices for business travel customers.Following a further review into the merger the U.K. regulator said Tuesday that CWT is a significantly weaker competitor than in the past and is likely to continue to weaken in the future.\"In this case, having considered all of the evidence in the round, particularly the further analysis of CWT's financial position, we have now provisionally concluded that the merger will not result in a substantial lessening of competition in corporate travel management services,\" Martin Coleman, chair of the panel of experts conducting this investigation, said.The regulator decided to launch an in-depth investigation into the deal last year, saying the merged company is likely to substantially weaken competition in the business travel sector.GBT and","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["00521","GBTG","BK4172","TNL","CWT","BK4142","BK1124"],"gpt_icon":0},{"id":"2512169090","title":"Global Business Travel Group-Operated Amex GBT Says CWT Acquisition Gets Provisional UK Antitrust Clearance","url":"https://stock-news.laohu8.com/highlight/detail?id=2512169090","media":"MT Newswires Live","labels":["policyRegulatory","merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512169090?lang=en_us&edition=fundamental","pubTime":"2025-02-18 23:27","pubTimestamp":1739892474,"startTime":"0","endTime":"0","summary":"Global Business Travel Group -operated American Express Global Business Travel, or Amex GBT, said Tuesday that its proposed acquisition of CWT has received provisional antitrust clearance in the UK.Amex GBT said the UK's Competition and Markets Authority has provisionally concluded it has not identified competition concerns with the proposed deal.The regulator will make a final decision by March 9, the company said.Amex GBT said it continues to defend itself against a US Department of Justice lawsuit filed in January that seeks to prevent the proposed transaction.Price: 8.90, Change: -0.05, Percent Change: -0.61","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"policyRegulatory,merge","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["CWT","GBTG","GBT","BK4172","BK4142","BK4139"],"gpt_icon":0},{"id":"2512163464","title":"American Express Global Business Travel Announces Provisional UK Antitrust Clearance of Acquisition of Cwt","url":"https://stock-news.laohu8.com/highlight/detail?id=2512163464","media":"THOMSON REUTERS","labels":["merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512163464?lang=en_us&edition=fundamental","pubTime":"2025-02-18 22:31","pubTimestamp":1739889060,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250218:nTUA3WTZL4:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"merge","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["LU0266013472.USD","LU2023250504.SGD","LU1861217088.USD","AXP","BK4585","LU1674673691.USD","LU1917777945.USD","LU2461242641.AUD","LU0868494617.USD","LU0211328371.USD","IE00BJJMRX11.SGD","IE00B775H168.HKD","LU0130102774.USD","LU1778281490.HKD","LU2552382058.USD","LU1201861249.SGD","LU0648001328.SGD","BK4142","LU1861220207.SGD","LU0011850046.USD","LU0868494708.USD","LU1267930490.SGD","LU0980610538.SGD","IE00B7KXQ091.USD","IE00BSNM7G36.USD","IE00BFSS8Q28.SGD","LU1674673428.USD","LU2361044949.HKD","IE00BJJMRY28.SGD","LU2106854487.HKD","LU2361044865.SGD","BK4559","LU2360107671.USD","LU2361045086.USD","IE00B4JS1V06.HKD","LU0310799852.SGD","LU0094547139.USD","IE0004445015.USD","LU2552382132.HKD","GBTG","LU0942090050.USD","LU0211327993.USD","IE00BN29S564.USD","IE00BFSS7M15.SGD","LU2552382215.SGD","IE0005OL40V9.USD","BK4166","BK4588","LU1974910355.USD"],"gpt_icon":0},{"id":"2511528549","title":"American Express Global Business Travel to Report Fourth Quarter and Full-Year 2024 Financial Results on February 27, 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2511528549","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2511528549?lang=en_us&edition=fundamental","pubTime":"2025-02-13 22:00","pubTimestamp":1739455200,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250213:nTUAC51WT4:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["LU0980610538.SGD","LU0094547139.USD","LU1674673428.USD","LU2361044865.SGD","IE00BJJMRX11.SGD","BK4559","LU0648001328.SGD","LU1778281490.HKD","LU2461242641.AUD","LU2552382132.HKD","BK4166","LU2552382215.SGD","IE00BJJMRY28.SGD","LU2106854487.HKD","LU0266013472.USD","IE00B7KXQ091.USD","LU1861220207.SGD","LU2360107671.USD","IE0005OL40V9.USD","BK4588","LU0211327993.USD","LU0011850046.USD","IE00BN29S564.USD","AXP","LU1674673691.USD","LU0942090050.USD","LU0868494617.USD","LU1267930490.SGD","LU2552382058.USD","LU2361045086.USD","LU0211328371.USD","LU0130102774.USD","IE00BFSS7M15.SGD","LU1974910355.USD","LU0868494708.USD","IE00B775H168.HKD","BK4142","IE00BSNM7G36.USD","LU2023250504.SGD","LU0310799852.SGD","GBTG","IE00B4JS1V06.HKD","LU1201861249.SGD","IE0004445015.USD","LU1917777945.USD","LU2361044949.HKD","IE00BFSS8Q28.SGD","LU1861217088.USD","BK4585"],"gpt_icon":0},{"id":"2506357165","title":"Public companies account for 50% of Global Business Travel Group, Inc.'s (NYSE:GBTG) ownership, while sovereign wealth funds account for 19%","url":"https://stock-news.laohu8.com/highlight/detail?id=2506357165","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2506357165?lang=en_us&edition=fundamental","pubTime":"2025-01-26 21:43","pubTimestamp":1737898999,"startTime":"0","endTime":"0","summary":"The considerable ownership by public companies in Global Business Travel Group indicates that they collectively have a greater say in management and business strategy. 52% of the business is held by the top 2 shareholders. A look at the shareholders of Global Business Travel Group, Inc.  can tell us which group is most powerful. With 50% stake, public companies possess the maximum shares in the company. Put another way, the group faces the maximum upside potential .And sovereign wealth funds on the other hand have a 19% ownership in the company.In the chart below, we zoom in on the different ownership groups of Global Business Travel Group.View our latest analysis for Global Business Travel Group. The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. The company management answer to the b","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/public-companies-account-50-global-134319887.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["GBTG","BK4142","NYSE"],"gpt_icon":0},{"id":"2505702684","title":"Northern Trust Names Robert Moritz, Richard Petrino to Board of Directors","url":"https://stock-news.laohu8.com/highlight/detail?id=2505702684","media":"Business Wire","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2505702684?lang=en_us&edition=fundamental","pubTime":"2025-01-23 06:06","pubTimestamp":1737583560,"startTime":"0","endTime":"0","summary":"\"I am pleased to welcome Bob and Rick to the Northern Trust Board of Directors,\" Chairman and Chief Executive Officer Michael O’Grady said. \"They each bring strategic, global perspectives and deep financial expertise that will be highly relevant to Northern Trust as it continues to serve our clients as a trusted financial partner. I am confident their leadership will contribute to Northern Trust’s continued success.\". As PwC global chairman, Moritz led the international network’s leadership teams, set strategy, and enhanced the PwC brand through service to its stakeholders and clients. Prior to becoming global chairman in 2016, he served in a variety of leadership roles including U.S chairman and senior partner; U.S. Assurance leader and managing partner for the New York region; and leader of the U.S. Financial Services Audit and Business Advisory practice, which included the banking, capital markets, insurance, investment management, and real estate sectors. Moritz also spent three ye","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/northern-trust-names-robert-moritz-220600175.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["IE0005OL40V9.USD","LU1861220207.SGD","IE0034235188.USD","LU2552382132.HKD","LU1201861249.SGD","BK4142","LU0256863811.USD","LU0648001328.SGD","LU0314104364.USD","BK4532","LU1430594728.SGD","LU2430703251.USD","LU1116320901.HKD","LU0942090050.USD","LU2430703095.HKD","LU2360032135.SGD","IE00B7KXQ091.USD","LU0266013472.USD","LU0980610538.SGD","LU0175139822.USD","BK4585","LU2264538146.SGD","LU2361045086.USD","LU1861217088.USD","NTRSO","LU1064131342.USD","IE00B4JS1V06.HKD","LU2505996681.GBP","IE00BSNM7G36.USD","IE00BFSS8Q28.SGD","LU2361044865.SGD","LU2592432038.USD","LU0310799852.SGD","NTRS","LU1674673691.USD","LU1814569148.SGD","LU1267930490.SGD","WMT","LU2023250504.SGD","LU1066051498.USD","LU0130102774.USD","GBTG","LU2552382215.SGD","LU0211327993.USD","IE00B775H168.HKD","LU1066051811.HKD","LU0211328371.USD","LU2552382058.USD","LU1674673428.USD","AXP","LU0149725797.USD"],"gpt_icon":1},{"id":"2505228837","title":"FACTBOX-List of UK competition regulator cases as new boss steps in","url":"https://stock-news.laohu8.com/highlight/detail?id=2505228837","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2505228837?lang=en_us&edition=fundamental","pubTime":"2025-01-22 23:34","pubTimestamp":1737560071,"startTime":"0","endTime":"0","summary":"FACTBOX-List of UK competition regulator cases as new boss steps in Jan 22 (Reuters) - Britain's decision to force out the chair of its antitrust regulator after he failed to prioritise the Labour gov","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250122:nL3N3OI11S:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["AAPL","GBTG","GOOGL","SLB","META","SPT.UK","BLK","IBM","ANSS","SNPS","VOD.UK","CHX","HCP","KEYS"],"gpt_icon":1},{"id":"2504117881","title":"Global Business Travel Group Inc - Merger Agreement Drop Dead Date Changed to March 17, 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2504117881","media":"THOMSON REUTERS","labels":["merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2504117881?lang=en_us&edition=fundamental","pubTime":"2025-01-18 05:05","pubTimestamp":1737147901,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250117:nFWN3OD0J5:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"merge","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4142","GBTG"],"gpt_icon":0},{"id":"2503676327","title":"Amex GBT Labels DOJ Lawsuit to Block CWT Merger a ‘Blatant Politicized Effort’","url":"https://stock-news.laohu8.com/highlight/detail?id=2503676327","media":"Skift","labels":["corporation","policyRegulatory","merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503676327?lang=en_us&edition=fundamental","pubTime":"2025-01-16 02:27","pubTimestamp":1736965627,"startTime":"0","endTime":"0","summary":"Amex GBT characterized the Justice Department’s lawsuit to block its proposed merger with CWT “a blatant politicized effort” that failed to recognize the robust and evolved nature of the competitive landscape.“Ignoring these realities, the government’s Complaint, filed in the waning days of the Biden administration even after understanding this transaction would not close before March 2025, presents a completely inaccurate picture of the current industry using cherry-picked facts, isolated examples, and stale, out-of-context statements that do not reflect today’s competitive landscape, all in a blatant politicized effort to bring one final anti-business merger challenge,” Amex GBT’s answer to the government’s lawsuit states.The travel management company noted that DOJ lawsuit came just five days before President-Elect Trump’s inauguration and was “apparently politically motivated.”“The timing of this action is particularly puzzling in light of the government being told by Amex GBT and ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/amex-gbt-labels-doj-lawsuit-182707106.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"corporation,policyRegulatory,merge","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["CWT","BK4503","BK4588","BK4142","GBT","BK4585","BK4227","IE00B7SZLL34.SGD","BK4528","BK4172","LU1861559042.SGD","BK4554","BK4106","BK4139","IE00B19Z3B42.SGD","GBTG","IE0002270589.USD","BK4551","BK4581","LU1861558580.USD","IE00BHPRN162.USD","IE00B19Z3581.USD"],"gpt_icon":0},{"id":"2502815540","title":"US sues to block corporate travel company merger","url":"https://stock-news.laohu8.com/highlight/detail?id=2502815540","media":"Reuters","labels":["policyRegulatory","merge","event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2502815540?lang=en_us&edition=fundamental","pubTime":"2025-01-11 02:56","pubTimestamp":1736535367,"startTime":"0","endTime":"0","summary":"Jan 10  - The U.S. has sued to block a proposed merger between American Express Global Business Travel Group GBTG.N and CWT Holdings, saying the $570 million deal would eliminate competition between the largest and third largest providers of business travel management services.The deal threatens to undermine competition for those services in the U.S., the Department of Justice said in the lawsuit filed in Manhattan federal court on Friday.\"American businesses will face the consequences, seeing higher prices, less innovation and fewer choices,\" Doha Mekki, head of the DOJ's Antitrust Division, said.A spokesperson for GBTG did not immediately respond to a request for comment. A spokesperson for CWT declined to comment.GBTG executives viewed the deal as an opportunity to absorb what they viewed as a \"dangerous competitor,\" prosecutors said in the complaint.GBTG handled $28 billion of travel transactions in 2023, and has acquired several other travel companies in recent years, according 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