Sabre (SABR) to Sell Hospitality Solutions Unit to TPG for $1.1 Billion

By Yahoo! Finance   |   3 weeks ago
Sabre (SABR) to Sell Hospitality Solutions Unit to TPG for $1.1 Billion

Sabre plans to receive $960 million from the divestiture of its Hospitality Solutions business, using the proceeds to reduce debt. This move aligns with its focus on airline IT and travel platforms, with TPG making the investment to support growth prospects.

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