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Sabre to Sell Hospitality Solutions Business to Tpg

Reuters on MSN · 4d

Sabre to cut debt with $1.1 billion sale of hospitality software to TPG, shares jump

Sabre Corp said on Monday it will sell its hospitality software platform to asset manager TPG for $1.1 billion and use the cash to pare its debt, lifting the travel technology provider's shares nearly 26% in early trading.

The Wall Street Journal · 4d

Sabre to Sell Hospitality Solutions Business to TPG for $1.1 Billion

The technology provider to the travel sector expects to use the $960 million in net proceeds to pay down debt and focus on its core business.

The Dallas Morning News on MSN · 4d

Sabre’s stock roars on $1.1 billion deal to sell hospitality platform to TPG

Sabre, which produces technology for the travel industry, announced a deal to sell its hospitality technology operations for $1.1 billion to TPG, as it looks to address its debt pile and refocus its business.

Skift on MSN4d

Sabre to Sell Hotel Reservations Platform for $1.1 Billion

Investment firm TPG said Monday it would acquire Sabre's hospitality solutions business for $1.1 billion in cash.

Travel Weekly5d

Sabre is selling its hotel technology unit to private equity firm

Sabre is selling its Hospitality Solutions unit to TPG for $1.1 billion, with the transaction expected to close in the third ...

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