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Thursday, December 15, 2022

Acquisition to Take Coupa Private Next Year



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December 15, 2022
Acquisition to Take Coupa Private Next Year
By Michael B. Baker
Business spend management provider Coupa Software plans to go private next year via an $8 billion acquisition by software investment firm Thoma Bravo, the company announced this week. Coupa's board of directors approved the acquisition unanimously, and the company expects it will close in the first half of 2023. Keep Reading
Amex GBT's Qualantone Sets June 30 Retirement Date
American Express Global Business Travel chief revenue officer Michael Qualantone will retire next year after 34 years with the company, Amex GBT announced this week. Keep Reading
Air France-KLM Could Stop FCM Subsidiary Selling Flights
Air France-KLM has said it will stop Flight Centre's French subsidiary 3Mundi from selling its tickets due to alleged "irregularities" in the display of flight prices by the TMC, according to multiple media reports. Read More at BTN Europe
FairFly Automates Change Order Processing for TMCs
FairFly has developed a tool to automate miscellaneous change order processing for travel management companies, the travel technology provider announced. Keep Reading
 
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