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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 is set to sell its hospitality solutions business to alternative asset management firm TPG for $1.1 billion in cash. TPG will invest in Hospitality Solutions, which provides software and ...
SOUTHLAKE, Texas, April 28, 2025 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading technology provider to the global travel industry, and TPG, (NASDAQ: TPG), a global alternative asset ...
Sabre’s debt stood at $4.5 billion, net of cash, as of December-end. The company has taken steps to manage its debt, including debt refinancings in December 2024 and repayment of April 2025 debt ...
Southlake-based travel software giant Sabre Corp. announced on April 28 it will sell one of its business units to Fort Worth-based private equity giant TPG in a move to reduce its debt.
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 ...
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 ...
in 2005 The deal is expected to close by the end of the third quarter of 2025 TPG has agreed to acquire Sabre’s hospitality solutions business for $1.1 billion. Headquartered in Southlake ...
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 ...