The UK's Competition and Markets Authority provisionally approved the Amex GBT-CWT merger after reassessing CWT's financial status. CWT's weakened financial position was a key factor in the CMA's ...

“We are pleased with the CMA decision,” said Amex GBT CEO Paul Abbott. “By combining with CWT, we can provide even more value and choice to customers and suppliers and more opportunities for ...

One obstacle to American Express Global Business Travel's acquisition of CWT appears to be clearing, as the U.K. Competition and Markets Authority has reversed its position that the merger would ...

The Company previously announced on March 25, 2024, that it agreed to acquire CWT, subject to the satisfaction of customary closing conditions, including the receipt of certain regulatory approvals.

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 ...

The Company previously announced on March 25, 2024, that it agreed to acquire CWT, subject to the satisfaction of customary closing conditions, including the receipt of certain regulatory approvals.

The S&P 500 (^GSPC) has fallen into correction territory after all three of the market averages (^DJI, ^IXIC, ^GSPC) were dragged lower in Thursday's session. The Nasdaq Composite closed the ...

It is nearly a year since American Express Global Business Travel announced its $570 million acquisition of CWT – a deal it hoped to conclude in the second half of 2024 – and the two TMCs are still in ...