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Sabre's shares (SABR) rose +2.7% in premarket trading on Monday, after the company said that TPG (TPG) would acquire its ...
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, ...
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 ...
The SaaS-based platform functions as an integrated system for managing reservations and guest information, enabling hoteliers ...
Transaction enables Sabre to pay down debt, optimize portfolio, and continue Its focus on sustainable growth. Transaction ...
TPG is buying Sabre's Hospitality Solutions for $1.1 billion in cash and will run it as a standalone business.
TPG has agreed to acquire Sabre’s hospitality solutions business for $1.1 billion. Headquartered in Southlake, Texas, Sabre is a travel tech company. The transaction will establish the hospitality ...
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 ...
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 Corporation has announced the sale of its Hospitality Solutions business to the private equity firm TPG for USD 1.1 ...
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