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American Express Global Business Travel agrees to acquire Egencia from Expedia Group

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American Express Global Business Travel (GBT) has made a binding offer to acquire Egencia, Expedia Group's corporate travel arm. As part of the transaction, Expedia Group would become a shareholder in, and enter a long-term strategic commercial agreement with, GBT.

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This press release was sourced from Egencia on 04-May-2021.