American Express Global Business Travel (GBT) has made a binding offer to acquire Egencia, Expedia Group’s corporate travel arm. As part of the transaction, Expedia Group would become a shareholder in, and enter a long-term strategic commercial agreement with, GBT. The deal would bring Egencia, a leading digital travel management company, into the GBT family.
Latham & Watkins LLP represented Expedia Group in the acquisition with a Los Angeles corporate team led by Los Angeles partners Jason Silvera, Jordan Miller, and Andrew Clark with associates Alexandra McArthur, Alidad Damooei, Noemi Abasta-Vilaplana, Nick Goshgarian, Andrew Turk, and Eric Lim. Advice was also provided on tax matters by Los Angeles partner Larry Stein with associate Brian Rogers; on benefits and compensation matters by Los Angeles partner Larry Seymour and Chicago counsel Sandhya Chandrasekhar with associates Jordan David and Vanessa King; on TTG matters by Orange County counsel David Kuiper with associate Veronica Ye; on regulatory matters by New York partner Alan Avery and Washington, D.C. partner Les Carnegie with associate Zachary Eddington; on data privacy matters by Washington, D.C. partner Jennifer Archie and London partner Fiona Maclean with associates Jimmy Smith and Grace Erskine; and in France by a corporate team led by Paris partner Pierre-Louis Clero with associates Antoine Dufrane and Celia Gallo.