THE European Union has granted approval for the acquisition of Hogg Robinson Group by American Express Global Business Travel (TD 12 Feb).
American Express GBT said the EU merger clearance means the deal is now expected to be finalised on 19 Jul, with HRG ceo David Radcliffe to then be appointed to the Amex Global Business Travel board.
The transaction has already been cleared by regulators in Russia and the USA.
Source: traveldaily