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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 ...
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, ...
TPG, known for backing tech carveouts such as Boomi and McAfee, will invest in Hospitality Solutions through TPG Capital.
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 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 ...
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.
SOUTHLAKE, Texas, April 28, 2025 /PRNewswire/ -- Sabre Corporation (SABR) (NASDAQ: SABR), a leading technology provider to the global travel industry, and TPG, (NASDAQ: TPG), a global ...
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