UK CMA provisionally clears Amex GBT's acquisition of CWT; final decision by March 9

Global Business Travel Group, Inc.

UK CMA provisionally found no competition concerns in GBT's proposed acquisition of CWT; final decision by March 9, 2025.
Company continues to defend against DOJ lawsuit filed Jan 2025 seeking a permanent injunction to block the transaction.
CEO Paul Abbott said the deal will accelerate investment and innovation, creating more choice and value.
Acquisition was originally announced on March 25, 2024, and remains subject to customary closing conditions and regulatory approvals.

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