A shareholder in American Express Global Business Travel is suing two investment firms, Carlyle Group and GIC, to get them to stick to their agreement to buy into the travel management company as announced in December.

"An American Express Global Business Travel shareholder, the Juweel group, filed a lawsuit against the Carlyle Group and GIC in Delaware today to compel specific performance related to the equity recapitalization transaction announced in December 2019," according to a Friday statement by the travel management company. "American . . .

The full content is available to subscribers

Follow
Notify of
0 Comments