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American Express Global Business Travel (Amex GBT) will release its first quarter 2022 earnings on May 17, 2022, before market open. A pre-recorded earnings webcast will be available at 8:00 am ET on the company’s website. This announcement follows a business combination agreement with Apollo Strategic Growth Capital (NYSE: APSG), expected to close by the end of May, pending customary conditions. Amex GBT aims to solidify its position as the leading B2B travel platform, offering comprehensive travel management services globally.
Positive
Webcast of earnings report to enhance investor transparency.
Business combination with Apollo Strategic Growth Capital indicates growth potential.
Negative
Pending conditions for business combination may introduce uncertainty.
NEW YORK--(BUSINESS WIRE)--
American Express Global Business Travel (“Amex GBT” or the “Company”), the world’s leading B2B travel platform, today announced it will issue its first quarter 2022 earnings release before market open on Tuesday, May 17, 2022. The Company plans to post earnings materials, including a pre-recorded earnings webcast to its website at 8:00 am ET.
In December, Amex GBT entered into a business combination agreement with Apollo Strategic Growth Capital (NYSE: APSG) in a transaction that would result in Amex GBT being listed on the NYSE. The transaction is expected to close by the end of May, subject to the satisfaction of customary closing conditions.
About American Express Global Business Travel
American Express Global Business Travel is the world’s leading B2B travel platform, providing software and services to manage travel, expenses, and meetings & events for companies of all sizes. We have built the most valuable marketplace in B2B travel to deliver unrivalled choice, value and experiences. With travel professionals in more than 140 countries, our customers and travelers enjoy the powerful backing of American Express Global Business Travel.