Big Investors Bet on a Boom in Corporate Travel

Big companies will be dispatching even more executives on globetrotting missions for business, and many will rely on corporate travel agents. That’s the simple assumption behind the $900 million deal for a 50 percent stake in the American Express Global Business Travel division, which will become a separate company this year co-owned by BlackRock, Certares International Bank, Macquarie Capital, and a fund controlled by the Qatari government.

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