AmEx Global Business Travel Going Public Through $5.3 Billion Merger
Apollo Travel Software
What Companies Does Apollo Global Management Own 【In 2023】
COMMENTS
American Express Global Business Travel, the world's leading B2B travel
Global leader in a $1.4 trillion industry with significant runway for growth. Leading B2B travel platform, with strong brand and strategic shareholders. Unique model with strong value proposition to customers and suppliers enabled by cutting-edge technology. Multiple avenues to accelerate growth and create value.
AmEx Global Business Travel to go public via $5.3 bln Apollo SPAC deal
American Express Global Business Travel (GBT) said on Friday it would merge with a blank-check firm backed by Apollo Global Management Inc to go public in a deal valued at around $5.3 billion.
AmEx Global Business Travel Going Public Through $5.3 Billion Merger
American Express Global Business Travel is merging with a blank-check company backed by Apollo Global Management Inc.APO 1.31 % increase; green up pointing triangle to go public with a roughly $5. ...
American Express Global Business Travel Becomes Publicly Traded Company
May 27, 2022 12:00 PM Eastern Daylight Time. NEW YORK-- ( BUSINESS WIRE )--American Express Global Business Travel ("Amex GBT" or the "Company"), the world's leading B2B travel platform ...
AmEx Global Business Travel agrees $5.3bn deal with Apollo-backed Spac
The deal is expected to rake in up to $1.2bn in proceeds, comprising about $817m of Apollo Strategic Growth's cash held in trust and $335m through a private investment in public equity (Pipe ...
American Express Global Business Travel SPAC deal closes
Apollo Strategic Growth Capital shareholders approved the deal May 25, with the transaction closing May 27. Concurrently with the closing of the business combination, American Express Global Business Travel received proceeds from cash in trust and PIPE investments, including investments by strategic investors Zoom Video Communications Inc. and ...
American Express Global Business Travel confirms $5.3 billion merger
Shares of American Express Co. AXP, -2.74% rose 0.8% in premarket trading Friday, after American Express Global Business Travel (GBT), which is 50% owned by AmEx, confirmed that it will go public ...
AmEx Global Business Travel to go public via $5.3 billion Apollo SPAC deal
The merger with Apollo Strategic Growth Capital will deliver gross proceeds of up to $1.2 billion, including a $335 million private investment in public equity, or PIPE. Investors in the PIPE included investment manager Ares Management Corp, travel technology company Sabre Corp and Zoom Video Communications Inc. The deal comes at a time when business travel is recovering from a pandemic ...
AmEx Global Business Travel nears $5.3 bln Apollo SPAC deal
American Express Global Business Travel (GBT) is nearing a merger with a blank-check firm backed by Apollo Global Management Inc to go public with a valuation of around $5.3 billion, the Wall ...
Amex GBT Makes SPAC Deal to Go Public
American Express Global Business Travel has agreed to merge with "blank-check" special purpose acquisition company Apollo Strategic Growth Capital in a deal that would take the company public with a $5.3 billion valuation. The combination is expected to close in the first half of 2022, pending shareholder and regulatory approvals.
Amex GBT to Go Public at $5.3 Billion Valuation in Apollo SPAC Deal
American Express Global Business Travel plans to merge with an Apollo Management-backed blank check company that will take the corporate travel giant public, the company announced Friday. The ...
AmEx Global Business Travel nears $5.3 bln Apollo SPAC deal
Dec 3 (Reuters) - American Express Global Business Travel is close to a $5.3 billion deal to go public through a merger with a blank-check firm backed by Apollo Global Management Inc APO.N, the ...
AmEx GBT Agrees to $5.3 Billion SPAC Deal With Apollo Global
American Express Global Business Travel agreed to go public through a merger with a blank-check company backed by Apollo Global Management Inc. The transaction values the corporate travel agency ...
American Express Global Business Travel
Global Business Travel Group, Inc. (NYSE: GBTG) uses certain trademarks and service marks of American Express Company or its subsidiaries (American Express) in the "American Express Global Business Travel" and "American Express GBT Meetings & Events" brands and in connection with its business for permitted uses only under a limited license to its subsidiary from American Express ...
Apollo Funds to Acquire The Travel CorporationApollo Global Management
Apollo Global Management, Inc. (212) 822-0491. [email protected] / [email protected]. Stacy Royal or Cathy Decker. Principal. Decker Royal (on behalf of TTC) +1 646 650 2185. [email protected]. Apollo Funds to Acquire The Travel Corporation.
Apollo Global Management
Apollo Global Management, Inc. is an American asset management firm that primarily invests in alternative assets. [2] [3] [1] As of 2022, the company had $548 billion of assets under management, including $392 billion invested in credit, including mezzanine capital, hedge funds, non-performing loans, and collateralized loan obligations, $99 billion invested in private equity, and $46.2 billion ...
Apollo Acquires The Travel Corporation in Major Industry Deal
Skift Take. Apollo Global Management is set to acquire The Travel Corporation's (TTC) portfolio with an expected closure in Q4 2024, pending regulatory approvals. Apollo Global Management, an ...
What Was Leon Black Doing With Trump in Russia?
On August 8, 2018, Leon Black, the cofounder of the buyout behemoth Apollo Global Management with a net worth exceeding $8 billion these days, should have been enjoying a beautiful summer day at ...
Apollo-managed funds agree to buy The Travel Corp.
Funds managed by Apollo Global Management (NYSE:APO) said Tuesday they have agreed to acquire The Travel Corp. ("TTC"), a global portfolio of 18 travel brands that's been privately owned and ...
American Express Global Business Travel
American Express Global Business Travel delivers unrivaled value, choice and experiences through its leading B2B travel platform American Express Global Business Travel and Apollo Strategic Growth Capital to combine at pro forma market capitalization of $5.3 billion Transaction to provide up to $1.2 billion of gross proceeds, including an upsized and oversubscribed fully committed $335 million ...
Sony and Apollo discuss teaming up to bid for Paramount Global
US private equity group Apollo Global is in discussions with Sony Pictures Entertainment about making a joint takeover bid for Paramount Global that would rival ongoing talks between controlling ...
Edgar Bronfman Jr. Makes $4.3 Billion Offer for Redstone's National
On Monday, Edgar Bronfman Jr., the Seagram heir and former media mogul, made it official with a $4.3 billion bid to acquire Shari Redstone's National Amusements Inc.The company owns a majority ...
Apollo's Brightspeed Reaches Deal to Slash Debt by $1.1 Billion
Apollo Global Management Inc.'s Brightspeed reached a deal with a group of lenders to slash $1.1 billion of the telecom company's debt and receive $3.7 billion of new capital.
The top 15 global travel markets: North America, APAC and Western
The global travel industry is back on track, surging by 24% in 2023 to hit $1.5 trillion. North America, Asia Pacific and Western Europe continue to lead in terms of market size. With $476 billion in gross bookings in 2023, the United States boasts the world's largest travel market - more than three times the size of China, the second-largest ...
Ukraine war latest: Huge blaze after fuel depot strike; civilians flee
Almost 20,000 people have suffered blackouts after a Russian strike on Ukrainian energy infrastructure. The overnight attack on the northeastern Sumy region left 18,500 people across 72 towns and ...
Private Moscow
On a cold January morning, Jack Morgan stands inside the New York Stock Exchange with his former US Marine comrade whose company is being launched ont...
IMAGES
COMMENTS
Global leader in a $1.4 trillion industry with significant runway for growth. Leading B2B travel platform, with strong brand and strategic shareholders. Unique model with strong value proposition to customers and suppliers enabled by cutting-edge technology. Multiple avenues to accelerate growth and create value.
American Express Global Business Travel (GBT) said on Friday it would merge with a blank-check firm backed by Apollo Global Management Inc to go public in a deal valued at around $5.3 billion.
American Express Global Business Travel is merging with a blank-check company backed by Apollo Global Management Inc.APO 1.31 % increase; green up pointing triangle to go public with a roughly $5. ...
May 27, 2022 12:00 PM Eastern Daylight Time. NEW YORK-- ( BUSINESS WIRE )--American Express Global Business Travel ("Amex GBT" or the "Company"), the world's leading B2B travel platform ...
The deal is expected to rake in up to $1.2bn in proceeds, comprising about $817m of Apollo Strategic Growth's cash held in trust and $335m through a private investment in public equity (Pipe ...
Apollo Strategic Growth Capital shareholders approved the deal May 25, with the transaction closing May 27. Concurrently with the closing of the business combination, American Express Global Business Travel received proceeds from cash in trust and PIPE investments, including investments by strategic investors Zoom Video Communications Inc. and ...
Shares of American Express Co. AXP, -2.74% rose 0.8% in premarket trading Friday, after American Express Global Business Travel (GBT), which is 50% owned by AmEx, confirmed that it will go public ...
The merger with Apollo Strategic Growth Capital will deliver gross proceeds of up to $1.2 billion, including a $335 million private investment in public equity, or PIPE. Investors in the PIPE included investment manager Ares Management Corp, travel technology company Sabre Corp and Zoom Video Communications Inc. The deal comes at a time when business travel is recovering from a pandemic ...
American Express Global Business Travel (GBT) is nearing a merger with a blank-check firm backed by Apollo Global Management Inc to go public with a valuation of around $5.3 billion, the Wall ...
American Express Global Business Travel has agreed to merge with "blank-check" special purpose acquisition company Apollo Strategic Growth Capital in a deal that would take the company public with a $5.3 billion valuation. The combination is expected to close in the first half of 2022, pending shareholder and regulatory approvals.
American Express Global Business Travel plans to merge with an Apollo Management-backed blank check company that will take the corporate travel giant public, the company announced Friday. The ...
Dec 3 (Reuters) - American Express Global Business Travel is close to a $5.3 billion deal to go public through a merger with a blank-check firm backed by Apollo Global Management Inc APO.N, the ...
American Express Global Business Travel agreed to go public through a merger with a blank-check company backed by Apollo Global Management Inc. The transaction values the corporate travel agency ...
Global Business Travel Group, Inc. (NYSE: GBTG) uses certain trademarks and service marks of American Express Company or its subsidiaries (American Express) in the "American Express Global Business Travel" and "American Express GBT Meetings & Events" brands and in connection with its business for permitted uses only under a limited license to its subsidiary from American Express ...
Apollo Global Management, Inc. (212) 822-0491. [email protected] / [email protected]. Stacy Royal or Cathy Decker. Principal. Decker Royal (on behalf of TTC) +1 646 650 2185. [email protected]. Apollo Funds to Acquire The Travel Corporation.
Apollo Global Management, Inc. is an American asset management firm that primarily invests in alternative assets. [2] [3] [1] As of 2022, the company had $548 billion of assets under management, including $392 billion invested in credit, including mezzanine capital, hedge funds, non-performing loans, and collateralized loan obligations, $99 billion invested in private equity, and $46.2 billion ...
Skift Take. Apollo Global Management is set to acquire The Travel Corporation's (TTC) portfolio with an expected closure in Q4 2024, pending regulatory approvals. Apollo Global Management, an ...
On August 8, 2018, Leon Black, the cofounder of the buyout behemoth Apollo Global Management with a net worth exceeding $8 billion these days, should have been enjoying a beautiful summer day at ...
Funds managed by Apollo Global Management (NYSE:APO) said Tuesday they have agreed to acquire The Travel Corp. ("TTC"), a global portfolio of 18 travel brands that's been privately owned and ...
American Express Global Business Travel delivers unrivaled value, choice and experiences through its leading B2B travel platform American Express Global Business Travel and Apollo Strategic Growth Capital to combine at pro forma market capitalization of $5.3 billion Transaction to provide up to $1.2 billion of gross proceeds, including an upsized and oversubscribed fully committed $335 million ...
US private equity group Apollo Global is in discussions with Sony Pictures Entertainment about making a joint takeover bid for Paramount Global that would rival ongoing talks between controlling ...
On Monday, Edgar Bronfman Jr., the Seagram heir and former media mogul, made it official with a $4.3 billion bid to acquire Shari Redstone's National Amusements Inc.The company owns a majority ...
Apollo Global Management Inc.'s Brightspeed reached a deal with a group of lenders to slash $1.1 billion of the telecom company's debt and receive $3.7 billion of new capital.
The global travel industry is back on track, surging by 24% in 2023 to hit $1.5 trillion. North America, Asia Pacific and Western Europe continue to lead in terms of market size. With $476 billion in gross bookings in 2023, the United States boasts the world's largest travel market - more than three times the size of China, the second-largest ...
Almost 20,000 people have suffered blackouts after a Russian strike on Ukrainian energy infrastructure. The overnight attack on the northeastern Sumy region left 18,500 people across 72 towns and ...
On a cold January morning, Jack Morgan stands inside the New York Stock Exchange with his former US Marine comrade whose company is being launched ont...