American Express Global Business Travel (Amex GBT) has completed its acquisition of Carlson Wagonlit Travel (CWT).
The transaction, originally announced in March 2024, values CWT at approximately US$540 million (R9,4 billion).
“With the close of the acquisition, Amex GBT welcomes CWT’s customers and employees to its leading software solutions and services for travel, expense, meetings and events,” Amex GBT said in a statement.