CWT plans to acquire Indian travel management company

05/21/2008 | BusinessTravelNews.com

After boosting its stake in CWT India to 76% last summer, Carlson Wagonlit Travel now plans to buy the remaining 24% stake of the Indian travel management firm. The acquisition is part of CWT's expansion plans for the BRIC countries: Brazil, Russia, India and China. CWT president and CEO Doug Anderson said the firm is also striving to work with China-based multinational companies.

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