American Express Global Business Travel to Go Public Via Combination With Apollo Strategic Growth Capital

Cleary Gottlieb is representing American Express in American Express Global Business Travel’s entry into a definitive business combination agreement with special purpose acquisition company Apollo Strategic Growth Capital.

The combination is expected to create the world’s largest publicly traded B2B travel platform, which plans to list on the New York Stock Exchange under the new ticker symbol “GBTG”. American Express Global Business Travel and Apollo Strategic Growth Capital are to combine at pro forma market capitalization of $5.3 billion.

For more information, please see the press release here.