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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 ...
Sabre Corp said on Monday it will sell its hospitality software platform to asset manager TPG for $1.1 billion and use the ...
TPG, known for backing tech carveouts such as Boomi and McAfee, will invest in Hospitality Solutions through TPG Capital.
Shares of travel technology provider Sabre Corporation (SABR) rocketed 15% by Monday afternoon after the company said that ...
The travel tech firm’s Hospitality Solutions business will now be a standalone company owned by asset management firm TPG.
Sabre is selling its Hospitality Solutions unit to TPG for $1.1 billion, with the transaction expected to close in the third ...
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's shares (SABR) rose +2.7% in premarket trading on Monday, after the company said that TPG (TPG) would acquire its ...
The divestiture will establish Hospitality Solutions as a standalone provider of software for the global hotel industry, ...
Sabre to Cut Debt With $1.1 Billion Sale of Hospitality Software to TPG, Shares Jump By Aatreyee Dasgupta (Reuters) -Sabre Corp said on Monday it will sell its hospitality software platform to ...