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Sabre to sell hospitality solutions unit to Tpg

Sabre shares jump on $1.1 billion deal to sell Hospitality Solutions business to TPG

Sabre's shares (SABR) rose +2.7% in premarket trading on Monday, after the company said that TPG (TPG) would acquire its Hospitality Solutions business for $1.1 billion in cash.

The Dallas Morning News on MSN · 2d

Sabre’s stock roars on $1.1 billion deal to sell hospitality platform to TPG

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 its business.

Wall Street Journal · 2d

Sabre to Sell Hospitality Solutions Business to TPG for $1.1 Billion

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

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TPG (NasdaqGS:TPG) Eyes Siemens Gamesa Acquisition As Stock Falls 14% Last Week

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TPG Quantitative Stock Analysis

TPG INC (TPG) is a large-cap value stock in the Investment Services industry. The rating using this strategy is 50% based on the firm’s underlying fundamentals and the stock’s valuation.

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Sabre to sell hospitality solutions unit to Tpg

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