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The divestiture will establish Hospitality Solutions as a standalone provider of software for the global hotel industry, ...
The travel tech firm’s Hospitality Solutions business will now be a standalone company owned by asset management firm TPG.
Sabre, which produces technology for the travel industry, announced a deal to sell its hospitality technology operations for ...
The SaaS-based platform functions as an integrated system for managing reservations and guest information, enabling hoteliers ...
Investment firm TPG said Monday it would acquire Sabre's hospitality solutions business for $1.1 billion in cash.
Shares of travel technology provider Sabre Corporation (SABR) rocketed 15% by Monday afternoon after the company said that ...
Transaction enables Sabre to pay down debt, optimize portfolio, and continue Its focus on sustainable growth. Transaction ...
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 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 technology provider to the travel sector expects to use the $960 million in net proceeds to pay down debt and focus on ...
Sabre's shares (SABR) rose +2.7% in premarket trading on Monday, after the company said that TPG (TPG) would acquire its ...
Sabre Corporation has announced the sale of its Hospitality Solutions business to the private equity firm TPG for USD 1.1 ...