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Sabre Corp said on Monday it will sell its hospitality software platform to asset manager TPG for $1.1 billion and use the ...
Sabre, which produces technology for the travel industry, announced a deal to sell its hospitality technology operations for ...
The technology provider to the travel sector expects to use the $960 million in net proceeds to pay down debt and focus on ...
Investment firm TPG said Monday it would acquire Sabre's hospitality solutions business for $1.1 billion in cash.
The travel tech firm’s Hospitality Solutions business will now be a standalone company owned by asset management firm TPG.
The SaaS-based platform functions as an integrated system for managing reservations and guest information, enabling hoteliers ...
Sabre is selling its Hospitality Solutions unit to TPG for $1.1 billion, with the transaction expected to close in the third ...
Transaction enables Sabre to pay down debt, optimize portfolio, and continue Its focus on sustainable growth. Transaction ...
(RTTNews) - Sabre Corporation (SABR) and TPG, (TPG) announced the signing of a definitive agreement under which TPG has agreed to acquire Sabre's Hospitality Solutions business for $1.1 billion in ...
Sabre shares jumped in early trading after the travel-technology company agreed to sell its hospitality-solutions unit to TPG for $1.1 billion. Shares traded 23% higher at $2.71. Sabre, based in ...
The divestiture will establish Hospitality Solutions as a standalone provider of software for the global hotel industry, ...
Sabre's shares (SABR) rose +2.7% in premarket trading on Monday, after the company said that TPG (TPG) would acquire its ...