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ClosedPublished 29 Sep 2026

Long Lake Management /
Global Business Travel Group, Inc.

Long Lake completes approximately $6.3 billion Amex GBT take-private

Buy side: Long Lake Management
Buy sideLong Lake Management
Target: Global Business Travel Group, Inc.
TargetGlobal Business Travel Group, Inc.
SEC EDGAR / Global Business Travel Group, Inc. · 29 Sep 2026Source
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Follow Long Lake Management Follow Global Business Travel Group, Inc.
Buy side: Long Lake Management
Buy sideLong Lake Management
Target: Global Business Travel Group, Inc.
TargetGlobal Business Travel Group, Inc.
01 / BuyerLong Lake Management
02 / TargetGlobal Business Travel Group, Inc.
Source for the buyer and target: SEC EDGAR / Global Business Travel Group, Inc.

For the buyer and target.

“New York – September 29, 2026 – Global Business Travel Group, Inc. (NYSE: GBTG) (“Amex GBT” or the “Company”) today announced the completion of its acquisition by Long Lake Management (“Long Lake”) in an all-cash transaction valuing the company at approximately $6.3 billion.”

Published 29 Sep 2026

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01

What happened

Global Business Travel Group today announced the completion of its acquisition by Long Lake Management in an all-cash transaction valuing the company at approximately $6.3 billion. Stockholders received $9.50 per share; Amex GBT will delist from the NYSE and operate privately. [01]

CEO Paul Abbott stays leading Amex GBT. Equity financing includes Long Lake investors and Koch Equity Development. [01]

02

The source

Everything on this page comes from the source below, quoted word for word.

01
Source · SEC EDGAR / Global Business Travel Group, Inc.

Long Lake completes approximately $6.3 billion Amex GBT take-private

This document is the source for the companies, stage, figure and people on this page.

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03

Timeline

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  1. Published by SEC EDGAR / Global Business Travel Group, Inc.

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This dealLong Lake Management / Global Business Travel Group, Inc.Closed · Published 29 Sep 2026
BuyerLong Lake ManagementTargetGlobal Business Travel Group, Inc.Chief Executive OfficerPaul Abbott
This dealLong Lake Management / Global Business Travel Group, Inc.

Closed · Long Lake Management / Global Business Travel Group, Inc. deal (Closed, published 29 Sep 2026).

Published 29 Sep 2026
Timeline
  1. Published by SEC EDGAR / Global Business Travel Group, Inc.
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Paul Abbott

Chief Executive Officer