Workflow
Sabre announces closing of sale of Hospitality Solutions business to TPG
SabreSabre(US:SABR) Prnewswire·2025-07-07 20:00

Vast majority of 960millionnetproceedstobeusedtopaydowndebtSOUTHLAKE,Texas,July7,2025/PRNewswire/SabreCorporation("Sabre"orthe"Company")(NASDAQ:SABR)todayannouncedthecompletionofthepreviouslyannouncedsaleofitsHospitalitySolutionsbusinesstoTPGfor960 million net proceeds to be used to pay down debt SOUTHLAKE, Texas, July 7, 2025 /PRNewswire/ -- Sabre Corporation ("Sabre" or the "Company") (NASDAQ: SABR) today announced the completion of the previously announced sale of its Hospitality Solutions business to TPG for 1.1 billion, $960 million net of taxes and fees. "The completion of the sale of Sabre Hospitality Solutions to TPG is an important step in Sabre's ongoing transformation. We are pleased with this transaction, and the opp ...