American Express Company creates j-v with Certares investor group
American Express Company has signed an agreement to create a joint venture for its Global Business Travel division. Under the agreement, American Express will share ownership of the joint venture with an investor group led by Certares. The Certares-formed group includes Qatar Investment Authority through its wholly-owned subsidiary Qatar Holding LLC, funds managed by BlackRock, Certares itself and Macquarie Capital.
18 March 2014•5 mins read
