• American Express will sell its roughly 30% equity stake in Global Business Travel Group under Long Lake and General Catalyst agreement to acquire GBTG.
• Closing expected to generate about USD 1.5 billion in proceeds, with pre-tax gain of about USD 975 million.
• Gain was not included in FY 2026 earnings guidance.
• Part of gain earmarked for investment, with remaining portion slated for shareholder returns.
• Brand licensing, commercial agreements, customer commitments with GBTG to remain unchanged.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. American Express Company published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000004962-26-000203), on May 04, 2026, and is solely responsible for the information contained therein.