NEW YORK — American Express Global Business Travel (Amex GBT) is reportedly exploring the possibility of a sale.
First reported by Bloomberg, the news generated what amounted to a ‘no comment’ from Amex GBT. The company said it doesn’t speak to rumours or speculation about mergers and acquisitions.
Amex GBT posted a 13% increase in revenue, to $674 million, in Q3 2025. The company had a net loss of $62 million, however with an improved net loss margin.
Earlier this fall Amex GBT completed its acquisition of global business travel and meetings solutions provider CWT. The transaction, first announced in March 2024, valued CWT at approximately US$540 million. Amex GBT was also in the news last month after announcing its strategic alliance with Concur.