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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 ...
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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 ...
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 ...
Sabre is selling its Hospitality Solutions unit to TPG for $1.1 billion, with the transaction expected to close in the third ...
Sabre Corporation (NASDAQ: SABR), a leading technology provider to the global travel industry, and TPG, (NASDAQ: TPG), a global alternative asset management firm, today announced the signing of a ...
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, ...
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 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 ...
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