Sabre announces closing of sale of Hospitality Solutions business to TPG

Core Points - Sabre Corporation completed the sale of its Hospitality Solutions business to TPG for $1.1 billion, resulting in net proceeds of $960 million after taxes and fees [1][2] - The transaction is part of Sabre's ongoing transformation strategy, aimed at reducing debt, optimizing the portfolio, and positioning the company for sustainable growth [2] Company Overview - Sabre Corporation is a leading technology company in the travel industry, providing solutions for airlines, hoteliers, and travel agencies [3] - The company is headquartered in Southlake, Texas, and serves customers in over 160 countries globally [3]