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 ...

The travel tech firm’s Hospitality Solutions business will now be a standalone company owned by asset management firm TPG.

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

The SaaS-based platform functions as an integrated system for managing reservations and guest information, enabling hoteliers ...

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 ...

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 ...