Going Public, Amex GBT Sees SMEs Boosting Recovery To 70% In '23

American Express Global Business Travel on Friday announced that it would offer 15 percent of its shares to the public via a merger with special purpose acquisition company Apollo Strategic Growth Capital. Expected to close during the first half of next year, the deal values Amex GBT at roughly $5 billion, would generate up to $1.2 billion in proceeds and…

The full content is available to subscribers

Lost your password?

You can also log in with:

Subscriptions

Reminder: As per our Subscriber Agreement, reproduction or distribution of content and sharing user names and passwords are strictly prohibited.

Share The Company Dime with a customer or colleague. Gift them access for as little as $25.

Jay Campbell

Before starting The Company Dime with David Jonas in 2014, journalist Jay Campbell a decade earlier created travel business newsletter The Beat. In 2006, Jay co-founded Travel Procurement magazine and in 2010 helped integrate them with Business Travel News. He served as BTN's editorial director until 2013. Jay made his travel industry media debut in 1993 at the Air Travel Journal of Boston while earning his undergraduate degree in journalism at Boston University. He would be happy to connect on LinkedIn. He's here at CorporateTravel.social on Mastodon.