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News Wire / economy

Startup Agrees To Acquire Global Business Travel Group

Bloomberg Radio New York 9d9d Impact 5
A firm backed by General Catalyst Partners has agreed to acquire a global business travel company. The deal is valued at approximately 6.3 billion shares, representing a 57.3% stake in the travel platform.

Topics

acquisition business travel venture capital

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Sources · 7 independent

Bloomberg Radio

“backed by General Catalyst Partners has agreed to acquire global business travel.”

Bloomberg Radio

“A startup backed by General Catalyst Partners has agreed to acquire Global Business Travel Group. That's the travel platform spun out of American Express and a deal worth about 6.3 billion shares of global of 57.3%.”

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