CWT is "especially optimistic about expansion in India and Asia."

Pleased with the "geographic balancing" a Navigant acquisition would create, Carlson Wagonlit Travel president and CEO Hubert Joly said, "We all know how fragmented our industry is, so saying we're number one or number two does not mean we're a strong force, necessarily, in any of these markets." Carlson Companies chairman and CEO Marilyn Carlson Nelson noted that CWT's new board of directors will have what Carlson Nelson called "an international makeup" of four members from would-be 55-percent owner Carlson Companies, three directors from planned 45-percent holder One Equity Partners and one independent director.