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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 ...
The divestiture will establish Hospitality Solutions as a standalone provider of software for the global hotel industry, ...
Sabre, which produces technology for the travel industry, announced a deal to sell its hospitality technology operations for ...
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Skift on MSNSabre to Sell Hotel Reservations Platform for $1.1 BillionInvestment 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 ...
TPG is buying Sabre's Hospitality Solutions for $1.1 billion in cash and will run it as a standalone business.
Transaction enables Sabre to pay down debt, optimize portfolio, and continue Its focus on sustainable growth. Transaction ...
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 ...
Sabre Corp said Monday it will sell its hospitality software platform to asset manager TPG for $1.1 billion and use the cash to pare its debt. The travel technology provider's total debt stood at ...
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