HRG Buy Would Boost GBT’s Proprietary Network, Topple Some Partnerships

If it proceeds as planned, HRG's acquisition by American Express Global Business Travel would give the latter new proprietary operations in Austria, Italy and Russia. As if integration of acquired companies isn't difficult enough, GBT also would need to sort out a complicated array of relationships the two travel management companies hold in markets where they don't own the operation. These include joint ventures and partnerships in Brazil, China and Japan.

HRG shareholders on Friday voted overwhelmingly in favor of the roughly $571 million takeover. The deal remains . . .

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Author: Jay Campbell

Jay Campbell in 2004 created travel business newsletter The Beat, in 2006 co-founded Travel Procurement magazine and in 2010 integrated them with Business Travel News. He served as 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.