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Sabre, which produces technology for the travel industry, announced a deal to sell its hospitality technology operations for $1.1 billion to TPG, as it looks to address its debt pile and refocus ...

Sabre Corp. is selling hospitality software platform, SynXis, to asset manager TPG for a reported $1.1 billion in a debt-reducing measure. The company, which is well-known within the travel industry ...

Sabre will use approximately $960 million in net proceeds from the sale to reduce debt and strengthen its capital structure. TPG plans to grow Hospitality Solutions as a standalone platform ...

The private equity arm of TPG will acquire Sabre's hospitality solutions business for $1.1 billion in cash, the companies said Monday. "This divestiture positions Sabre to focus on our core ...

(Reuters) -Sabre Corp said on Monday it will sell its hospitality software platform to asset manager TPG for $1.1 billion and use the cash to pare its debt, lifting the travel technology provider's ...

The transaction will establish the hospitality solutions unit as a standalone business Sabre purchased SynXis, the core of its hospitality business, in 2005 The deal is expected to close by the ...

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Investing.com -- Bernstein upgraded Sabre (NASDAQ:SABR) Corp to "Market-Perform" from "Underperform," citing the potential sale of its SynXis hospitality business as a possible catalyst for ...

NEW YORK, March 27 (Reuters) - Sabre (SABR.O), opens new tab is exploring a sale of its hospitality software unit SynXis, in a deal that could be worth more than $1 billion and help the travel ...

(Alliance News) - Sabre Insurance Group PLC on Tuesday raised its dividend and proposed a new share buyback programme as it reported increased revenue and profit in 2024. The Dorking, Surrey-based ...

Sabre’s debt at the end of last year totalled $5.1 billion, up 55% from 2019. Even its operations have taken a hit as the company has been bleeding money since 2020, with an approximate cash ...