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Sabre to Sell Hospitality Solutions Business to Tpg

Reuters on MSN · 2d

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 Dallas Morning News on MSN · 2d

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.

The Wall Street Journal · 2d

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.

Skift on MSN2d

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 Weekly2d

Sabre is selling hotel technology unit to private equity firm

TPG is buying Sabre's Hospitality Solutions for $1.1 billion in cash and will run it as a standalone business.

Hospitality Biz India1d

Sabre to Sell Hotel Reservations Platform for USD 1.1 Billion

Sabre Corporation has announced the sale of its Hospitality Solutions business to the private equity firm TPG for USD 1.1 ...

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