---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-084014"
form_type: "8-K"
ticker: "GBTG"
cik: "0001820872"
company_name: "Global Business Travel Group, Inc."
filed_at: "2024-07-30T23:59:59+00:00"
generated_at: "2026-05-31T15:23:50.293813+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Amex GBT expects CWT acquisition to close in Q1 2025; UK CMA to Phase 2 investigation

## Summary
- Proposed CWT acquisition now expected to close in Q1 2025.
- UK Competition and Markets Authority (CMA) confirms Phase 2 investigation.
- Antitrust Division of US Department of Justice also reviewing transaction.
- Company believes Phase 2 analysis will demonstrate customer/supplier benefits and continued competition.

## SEC filing metadata
- accession: 0001104659-24-084014
- form_type: 8-K
- ticker: GBTG
- cik: 0001820872
- company_name: Global Business Travel Group, Inc.
- filed_at: 2024-07-30T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820872/000110465924084014/0001104659-24-084014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820872/000110465924084014/tm2420464d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-084014
- JSON: https://secwatch.observer/filing/0001104659-24-084014.json
- Plain text: https://secwatch.observer/filing/0001104659-24-084014.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.