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 ...

The technology provider to the travel sector expects to use the $960 million in net proceeds to pay down debt and focus on ...

Investment firm TPG said Monday it would acquire Sabre's hospitality solutions business for $1.1 billion in cash.

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 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 ...

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 ...

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 ...

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 ...