American Express Global Business Travel, which is operated by Global Business Travel Group, Inc. (NYSE: GBTG) (Amex GBT), a leading software and services company for travel, expense, and meetings and events, has announced that it has entered into a definitive agreement to be acquired by Long Lake Management (Long Lake) for US$9.50 per share in an all-cash transaction valued at approximately US$6.3 billion.
Latham & Watkins LLP represents Long Lake in the transaction with a corporate team led by New York partner Ian Nussbaum, Chicago partner Sean Parish, Bay Area partners Seth Gottlieb and Tad Freese, and New York partner Julian Azran, with associates Brian Baloun, Rheem Brooks, Matthew Galligan, Noah Hellum, Irena Huang, Cyrie Wilson, Eric Winnestaffer, and Andrew Zandomenego, with assistance from Stephanie Lim. Advice was also provided on corporate matters by Bay Area/Houston counsel Stella Tang; anticorruption and anti-bribery matters by Chicago partner Meredith Monroe, with associates Patricia Amselem Bensadon and Mary Grace Rees; on antitrust matters by Washington, D.C. partner David Brenneman, with associate Brian Goodell; on ex-US antitrust matters by Brussels partner Philipp Studt and counsel Wesley Lepla, with associates Luca Feltrin and Telmo Iriondo; on banking regulatory matters by New York partner Arthur Long and London/New York counsel Pia Naib; on benefits matters by New York partner Max Raskin, with associate Peter Dalmasy, with assistance from Amelia Best; on sanctions matters by Washington, D.C. partner Paul Rosen and counsel Ruchi Gill, with assistance from Stephen Keith; on emerging companies and growth matters by associates Eric Znotins, Kristine LaVeau, and Isaac Gonzalez; on capital markets matters by New York partners Peter Sluka and Salvatore Vanchieri, with associate Ian Lachow; on data privacy and cybersecurity matters by Houston partner Robert Brown and London partner Calum Docherty, with associates Jia Hao Clarence Cheong, Stuart Cobb, and Madhavi Nambiar; on environmental matters by Houston/Los Angeles partner Joshua Marnitz, with associate Brian McCall; on France corporate matters by Paris partner Pierre Louis Cléro, with associates Aymerick Fradin and Elie Hamady; on France labor and employment matters by Paris partner Matthias Rubner and counsel Romain Nairi, with associate Alice Brisset; on Germany corporate matters by Munich partner Rainer Traugott, with associates Sara Collorio and Lena Hummel; on Germany labor and employment matters by Munich partner Tobias Leder, with associate Julian Traub; on government contracts matters by Washington, D.C. partner Kyle Jefcoat, with associate Genevieve Hoffman; on Hong Kong corporate matters by Hong Kong partner Zhonghua (Stephen) Shi, with associate Ka Yiu (Stephanie) Li; on intellectual property matters by New York partner Pelin Serpin, with associate Laura Geraci; on Italy corporate matters by Milan partners Stefano Sciolla and Andrea Stincardini, with associates Filippo Bernasconi and Nicholas Luraghi; on labor and employment matters by Chicago partner Nineveh Alkhas, with associates Jenny Bobbitt and Alexis Pinzon; on litigation matters by New York partner Sarah Lightdale, with assistance from Sebastian Peskind; on People’s Republic of China corporate matters by Beijing counsel Liyun (Louise) Deng, with associate Yunfeng (Vincent) Jiang;* on real estate matters by Chicago counsel Margaret Linkous, with associate Rebekah Biddle; on sanctions and export controls matters by Washington, D.C. partner Andrew Galdes, with associates Matthew Crawford and Alexander Perkowski; on Singapore corporate matters by Singapore partner Farhana Sharmeen, with associate Kay Howe Lee;** on Spain corporate matters by Madrid partner Alejandro Ortiz and counsel Luis Lozano, with associates Lucía De Bustos and Ana María Merino; on Spain labor and employment matters by Madrid partner Naiara Rodríguez Escudero, with associate María Goñi; on Spain real estate matters by Madrid counsel Veronika Miskovichova, with associate Sofía Segarra; on tax matters by Bay Area partner Katharine Moir, with associate Dennis Poehland; on UK commercial matters by London partner Christian McDermott, with associates Callum Lee and Dal Lim;*** on UK corporate matters by London partner Harriet Stephenson, with associate Emma Leatherbarrow; and on UK employment and benefits matters by London partner Kendall Burnett, with associates Ismay Keane and Joseph Goddard.
