Sabre will use approximately $960 million in net proceeds from the sale to reduce debt and strengthen its capital structure.

Sabre Corp said on Monday it will sell its hospitality software platform to asset manager TPG for $1.1 billion and use the ...

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

Sabre, which produces technology for the travel industry, announced a deal to sell its hospitality technology operations for ...

Sabre's shares (SABR) rose +2.7% in premarket trading on Monday, after the company said that TPG (TPG) would acquire its ...

The travel tech firm’s Hospitality Solutions business will now be a standalone company owned by asset management firm TPG.

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

TPG Inc. (NASDAQ: TPG) to acquire Peppertree Capital Management in cash and equity deal worth up to $660 million. Transaction ...

The SaaS-based platform functions as an integrated system for managing reservations and guest information, enabling hoteliers ...

April 28 (Reuters) - Sabre Corp (SABR.O), opens new tab said on Monday it will sell its hospitality software platform to asset manager TPG (TPG.O), opens new tab for $1.1 billion and use the cash ...

Sabre's sale of its hotel reservations tech should help the travel tech company focus on its core airline business. It's notable that a PE firm rather than a rival player, such as Oracle or Cendyn ...

Sabre's shares (NASDAQ:SABR) rose 11% in premarket trading on Monday, after the company said that TPG (NASDAQ:TPG) would acquire its Hospitality Solutions business for $1.1 billion in cash.