AXP · News · 20260919N
Acquisition / Partnership / Divestiture
AMERICAN EXPRESS CO · 2026-09-19 · Importance 38 · Surprise 60 · No source text
Accel-KKR completed the carve-out acquisition of Accertify from American Express on September 19, 2026. Accertify provides fraud-protection and chargeback-management software. Accertify will operate as a standalone private company, with the transaction intended to support product innovation and growth in fraud technology.
Key facts
- American Express achieved 10% year-over-year revenue growth in the reported quarter. source
- Nykredit A/S acquired 174,573 shares of American Express Company in the second quarter, valued at approximately $59 million. source
- American Express reported quarterly earnings of $4.53 EPS. source
- Institutional investors now collectively own 84.33% of American Express Company. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +10.0% | American Express achieved 10% year-over-year revenue growth in the reported quarter. |