Amex GBT completes $6.3 billion sale to Long Lake Management

Bitget2026/09/29 12:28

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Long Lake Management completed an all-cash acquisition of Global Business Travel Group at an enterprise value of about USD 6.3 billion.
Stockholders received USD 9.50 per share in cash, a 65.1% premium to the 30-day VWAP at signing.
The company’s NYSE-listed common stock ceased trading and will be delisted, shifting the business to private ownership.
Funding includes equity from Long Lake investors and Koch Equity Development, supported by committed debt financing.
The deal was first disclosed on May 4, 2026, then cleared by stockholders on Aug. 3, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Global Business Travel Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260929141717) on September 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Amex GBT completes $6.3 billion sale to Long Lake Management

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