Cleary Gottlieb Steen & Hamilton, Linklaters and Dechert are among a host of firms to have landed roles on an American Express joint venture with an investment group led by Certares. The group of investors will pay $900m (£543m) for a 50% stake in Amex's Global Business Travel division, which will be separated into a dedicated holding structure.
March 18, 2014 at 08:51 PM
1 minute read
The original version of this story was published on Legalweek
Cleary Gottlieb Steen & Hamilton, Linklaters and Dechert are among a host of firms to have landed roles on an American Express (Amex) joint venture with an investment group led by Certares.
The group of investors will pay $900m (£543m) for a 50% stake in Amex’s Global Business Travel (GBT) division, which will be separated into a dedicated holding structure. American Express will also have a 50% stake.
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