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Recent Updates — GBTG

August 4, 2026View Source ↗

Global Business Travel Group reported Q2 2026 revenue of $870 million, a 38% increase year-over-year, driven by acquisition impacts and business travel demand. Adjusted EBITDA rose 34% to $178 million with a margin of 21%, while net income increased 14% to $17 million. Free cash flow surged 281% to $103 million. The company announced shareholder approval for its proposed acquisition by Long Lake Management on August 3, 2026, with closing expected in the second half of 2026 subject to regulatory approvals. Amex GBT operates as a leading software and services provider for corporate travel, expense management, and meetings & events.

August 3, 2026View Source ↗

Global Business Travel Group, Inc. held a virtual special meeting on August 3, 2026, where stockholders approved the merger with Gaia Purchaser, Inc., pursuant to an agreement dated May 2, 2026. Voting results showed 495,937,250 shares in favor and 74,615 against for the Merger Proposal. Shareholders also approved a non-binding advisory compensation proposal with 474,837,275 votes in favor. The company operates in the business travel management industry.

July 24, 2026View Source ↗

Global Business Travel Group, Inc. issued supplemental disclosures to its definitive proxy statement regarding a proposed merger with Long Lake Management Holdings Inc. The company disclosed that the merger consideration is $9.50 per share. The company also addressed lawsuits filed by stockholders alleging omissions in the proxy statement. The company operates in the travel industry and provides business travel management services.

June 8, 2026View Source ↗

Global Business Travel Group, Inc. provided update on its pending acquisition by Long Lake Management via Gaia Purchaser, Inc. The company reported transaction year-over-year growth of 3% in Q1 2026 and 6% in Q2 2026 quarter-to-date, and TTV growth of 9% in Q1 2026 and 15% in Q2 2026 quarter-to-date.