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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 Corp said on Monday it will sell its hospitality software platform to asset manager TPG for $1.1 billion and use the ...
Sabre, which produces technology for the travel industry, announced a deal to sell its hospitality technology operations for ...
Shares of travel technology provider Sabre Corporation (SABR) rocketed 15% by Monday afternoon after the company said that ...
TPG, known for backing tech carveouts such as Boomi and McAfee, will invest in Hospitality Solutions through TPG Capital.
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 ...
Sabre is selling its Hospitality Solutions unit to TPG for $1.1 billion, with the transaction expected to close in the third ...
(RTTNews) - Sabre Corporation (SABR) and TPG, (TPG) announced the signing of a definitive agreement under which TPG has agreed to acquire Sabre's Hospitality Solutions business for $1.1 billion in ...
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 ...
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 ...