American Express Co.'s travel management joint venture, American Express Global Business Travel, will start trading as a public company on the NYSE following the completion of its business combination with special purpose acquisition company Apollo Strategic Growth Capital.

Apollo Strategic Growth Capital shareholders approved the deal May 25, with the transaction closing May 27.

Concurrently with the closing of the business combination, American Express Global Business Travel received proceeds from cash in trust and PIPE investments, including investments by strategic investors Zoom Video Communications Inc. and Sabre Corp. as well as new investors Apollo Global Management Inc., Ares Management Corp. and HG Vora Capital Management LLC.

The class A common stock and warrants of the newly combined company, Global Business Travel Group Inc., will trade on the NYSE under the new ticker symbols GBTG and GBTG WS, respectively, beginning May 31.