UK competition watchdog finds concerns over Global Business Travel Group-CWT deal-February 2024-www.financetom.com

UK competition watchdog finds concerns over Global Business Travel Group-CWT deal

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

UK competition watchdog finds concerns over Global Business Travel Group-CWT deal

Jul 30, 2024 5:51 AM

July 30 (Reuters) - Britain's competition regulator said

on Tuesday it has found competition concerns over Global

Business Travel Group's ( GBTG ) planned $570 million

acquisition of CWT Holdings LLC.

The Competition and Markets Authority said the deal between

the major suppliers of business travel agency services to

corporate customers could lead to worsened quality of

service, higher prices and reduced innovation efforts.

Previous page： Eyenovia to end eye drug study, cut 50% of its workforce Next page： Unum Insider Sold Shares Worth $1,031,024, According to a Recent SEC Filing

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Eyenovia to end eye drug study, cut 50% of its workforce

Nov 15, 2024

(Reuters) -Eyenovia said on Friday it will discontinue a late-stage study for its experimental drug-device combination to treat near-sightedness and cut about 50% of its workforce. Shares of the company were down nearly 70% at close of trading on Friday. The drug, a low-dose atropine, was being tested with the company's experimental drug-delivery device, Optejet, as a potential treatment for...

Unum Insider Sold Shares Worth $1,031,024, According to a Recent SEC Filing

Nov 15, 2024

05:36 PM EST, 11/15/2024 (MT Newswires) -- Ronald P O'Hanley, Director, on November 14, 2024, sold 14,299 shares in Unum ( UNM ) for $1,031,024. Following the Form 4 filing with the SEC, O'Hanley has control over a total of 38,819 shares of the company, with 38,819 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/5513/000000551324000175/xslF345X05/wk-form4_1731709955.xml ...

Zillow Group Insider Sold Shares Worth $473,243, According to a Recent SEC Filing

Nov 15, 2024

05:32 PM EST, 11/15/2024 (MT Newswires) -- Susan Daimler, President of Zillow ( ZG ), on November 13, 2024, sold 6,396 shares in Zillow Group ( ZG ) (Z, ZG) for $473,243. Following the Form 4 filing with the SEC, Daimler has control over a total of 30,356 shares of the company, with 18,770 shares held directly and 11,586 controlled...

Major Trump Media shareholder sells nearly entire stake

Nov 15, 2024

Nov 15 (Reuters) - Trump Media & Technology Group's ( DJT ) key shareholder, ARC Global Investments, has unloaded nearly all its stake in the media company, it said in a regulatory filing on Thursday. ARC and its manager Patrick Orlando now hold about 0.01% stake, down from more than 5% or over 11 million shares in September. Orlando was...