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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 ...
The SaaS-based platform functions as an integrated system for managing reservations and guest information, enabling hoteliers ...
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 ...
Shares of travel technology provider Sabre Corporation (SABR) rocketed 15% by Monday afternoon after the company said that ...
Investment firm TPG said Monday it would acquire Sabre's hospitality solutions business for $1.1 billion in cash.
Transaction enables Sabre to pay down debt, optimize portfolio, and continue Its focus on sustainable growth. Transaction ...
Sabre Corp. has agreed to sell Sabre Hospitality Solutions, its hotel reservation technology unit, to private equity and investment firm TPG for $1.1 billion, the companies announced Monday.
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 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 ...
TPG has agreed to acquire Sabre’s hospitality solutions business for $1.1 billion. Headquartered in Southlake, Texas, Sabre is a travel tech company. The transaction will establish the hospitality ...
Sabre's shares (SABR) rose +2.7% in premarket trading on Monday, after the company said that TPG (TPG) would acquire its ...