News

Hosted on MSN1mon
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 ...
Wall Street Journal1mon
Sabre to Sell Hospitality Solutions Business to TPG for $1.1 Billion
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 ...
Skift1mon
Sabre to Sell Hotel Reservations Platform for $1.1 Billion
Sabre's sale of its hotel reservations tech should help the travel tech company focus on its core airline business. It's notable that a PE firm rather than a rival player, such as Oracle or Cendyn ...
Skift2y
Sabre Is Cutting 15 Percent of Its Workforce, Roughly 1,100 Jobs
Photo Credit: Air India recently signed a deal to list fares through Sabre. (Source: https://www.flickr.com/photos/128856399@N02/52330111291/in/photolist-2nJeuW8 ...
Yahoo Finance3mon
Sabre launches strategic collaboration with trusted engineering partner Coforge to accelerate pace of product innovation and delivery
SOUTHLAKE, Texas, March 4, 2025 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading global travel technology company, and Coforge Limited (NSE: COFORGE), a premier global digital services ...
Reuters1mon
Sabre to cut debt with $1.1 billion sale of hospitality software to TPG, shares jump
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 ...
Men's Journal2mon
Arc'teryx's 'Phenomenal' Ski Jacket That's 'Fully Windproof and Waterproof' Is $150 Off Right Now
If you buy something via one of our links, we may earn a commission. The Arc’teryx Sabre Jacket is on sale for $600, a 20% discount from its normal price of $750. This heavy-duty waterproof ...
Benzinga.com1mon
Sabre Divests Hospitality Arm To TPG For $1.1B, Plans Debt Reduction
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 ...
Law2y
Sabre Replaces Freshly Hired CLO It Had Wooed With Millions
Travel software company Sabre Corp. has replaced its chief legal officer after just seven months on the job. Ann Bruder replaces Chadwick Ho as CLO. Bruder, who will also serve as executive vice ...
TravelPulse1mon
Sabre to Sell Hospitality Software for $1.1 Billion
Sabre Corp. is selling hospitality software platform, SynXis, to asset manager TPG for a reported $1.1 billion in a debt-reducing measure. The company, which is well-known within the travel industry ...
Yahoo Finance1mon
Sabre to Sell Hotel Reservations Platform for $1.1 Billion
The private equity arm of TPG will acquire Sabre's hospitality solutions business for $1.1 billion in cash, the companies said Monday. "This divestiture positions Sabre to focus on our core ...