Home / News / CMS advises American Express Company on the separation...

CMS advises American Express Company on the separation of the Global Business Travel operations

04/07/2014

CMS advised American Express Company on matters of Dutch law in relation to the separation of the Global Business Travel operations into a Dutch holding structure and the entering into a joint venture with an investor group led by Qatar Investment Authority and Certares. The new joint venture partners invested $900 million for a 50% stake. The business will continue to operate under the "American Express Global Business Travel" brand. This transaction is one of the largest transactions in the history of business travel. Closing of the deal was on 30 June 2014.

GBT has over 14,000 employees and operations and network partners in 139 countries worldwide. American Express is the world's premier service company, and the largest credit card issuer (by purchase volume).

The Dutch CMS-team advising Amercian Express was led by Reinout Slot and consisted of Martijn van der Bie, Herman Boersen, Priamo Boi, Etienne Cox, Rogier de Vrey, Nathalja Doing, Kirsten Haanstra, Gilbert Joskin, Niels Koene, Arnout Scholten, Wouter Seinen, Roman Tarlavski, Gordon Tichelaar, Fleur van Assendelft d Coningh, Arne van Bijnen, Paulus van den Bos, Katja van Kranenburg-Hanspians, Silvia van Schaik, Marlene Veenman, Barbara Veldmaat, Clair Wermers, Mark Ziekman. CMS Budapest, Prague and Warsaw also advised on the deal.

Related people

Picture of Reinout Slot
Reinout Slot
Partner
Amsterdam
Picture of Martijn Bje
Martijn van der Bie
Partner
Amsterdam
Picture of Herman Boersen
Herman Boersen
Partner
Amsterdam
Picture of Etienne Cox
Etienne Cox
Counsel
Amsterdam
Picture of Rogier de Vrey
Rogier de Vrey
Partner
Amsterdam
Picture of Gilbert Joskin
Gilbert Joskin
Belastingadviseur
Amsterdam
Niels-Koene-CMS-NL
Niels Koene
Advocaat
Amsterdam
Picture of Arnout Scholten
Arnout Scholten
Partner
Amsterdam
Picture of Roman Tarlavsky
Roman Tarlavski
Partner
Amsterdam
Picture of Fleur van Assendelftde Coningh
Fleur van Assendelft de Coningh
Advocaat
Amsterdam
Picture of Paulus van den Bosch
Paulus van den Bos
Advocaat
Amsterdam
Katja-vanKranenburg-CMS-NL
Katja van Kranenburg - Hanspians
Partner
Amsterdam
Barbara-Veldmaat-CMS-NL
Barbara Veldmaat
Counsel
Amsterdam
Picture of Clair Wermers
Clair Wermers
Counsel
Amsterdam
Picture of Mark Ziekman
Mark Ziekman
Partner
Amsterdam
Picture of Kirsten Haanstra
Kirsten Haanstra
Picture of Marlene Veenman
Marlene Veenman
Show more Show less