M&A
confidence high
sentiment positive
materiality 0.70
UK CMA approves Amex GBT's acquisition of CWT; US DOJ lawsuit continues
Global Business Travel Group, Inc.
- UK Competition and Markets Authority approved Amex GBT's acquisition of CWT.
- US DOJ filed lawsuit in January 2025 seeking permanent injunction to block deal.
- Amex GBT CEO Paul Abbott: 'pleased with CMA decision'; cites benefits for customers and suppliers.
- Company calls DOJ suit 'fundamentally flawed', confident in legal position and prepared for trial.