American Express Sells GBTG Stake for $6.3 Billion, Funding Core Growth

American Express is selling its remaining 30% stake in American Express Global Business Travel (GBTG). This take-private transaction values GBTG at approximately $6.3 billion.

The company will reallocate capital toward core priorities including premium card portfolios, marketing, and technology. Existing commercial and brand licensing agreements with GBTG will remain in place.

The divestiture follows a strong first-quarter performance in 2026. American Express reaffirmed its 2026 revenue growth guidance of 9% to 10%. The company also maintained its EPS forecast of $17.30 to $17.90.