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The travel tech firm’s Hospitality Solutions business will now be a standalone company owned by asset management firm TPG.
The technology provider to the travel sector expects to use the $960 million in net proceeds to pay down debt and focus on ...
The divestiture will establish Hospitality Solutions as a standalone provider of software for the global hotel industry, ...
Sabre's shares (SABR) rose +2.7% in premarket trading on Monday, after the company said that TPG (TPG) would acquire its ...
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 ...
Sabre is selling its Hospitality Solutions unit to TPG for $1.1 billion, with the transaction expected to close in the third ...
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Stocktwits on MSNSabre Stock Rockets After Divesting Hospitality Solutions Business To TPG In $1.1B DealShares of travel technology provider Sabre Corporation (SABR) rocketed 15% by Monday afternoon after the company said that ...
Sabre Corp. has agreed to sell Sabre Hospitality Solutions, its hotel reservation technology unit, to private equity and investment firm TPG for $1.1 billion, the companies announced Monday.
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 Corporation has announced the sale of its Hospitality Solutions business to the private equity firm TPG for USD 1.1 ...
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