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Sabre sold its hotel solutions business to TPG for 1.1 billion dollars.
The global travel technology company Sabre has signed a final agreement with alternative asset management giant TPG, who has agreed to acquire Sabre's Hospitality Solutions business for 1.1 billion USD in Cash. TPG will make this investment through its European and American private equity platform TPG Capital, with specific transaction terms undisclosed. Founded in 1992 and headquartered in San Francisco, TPG currently manages assets totaling 246 billion USD. After the transaction is completed, Hospitality Solutions will operate as an independent.
Express News | Sabre Corp - Expects $960 Million Net Proceeds to Pay Down Debt
Supermengg :
105742796 Learner : Wow, technology has taken over our world.



Merry Christmas
Raven714 : Technology rocks it's the future it's only logical
104476495 : h
105303972 : Great!
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