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 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 expects about $960 million in net proceeds, which it plans to use primarily to reduce debt and strengthen its balance sheet. The divestiture will establish Hospitality Solutions as a ...

Sabre Corp said Monday it will sell its hospitality software platform to asset manager TPG for $1.1 billion and use the cash to pare its debt. The travel technology provider's total debt stood at ...