Sabre sells Hospitality Solutions to TPG for $1.1B cash; net ~$960M to pay down debt

Sabre Corp

TPG will acquire Sabre's Hospitality Solutions business for $1.1B in cash via TPG Capital.
Net cash proceeds of ~$960M after taxes and fees will primarily be used to reduce debt.
Transaction expected to close by end of Q3 2025, subject to regulatory approvals and customary conditions; no financing contingency.
Hospitality Solutions will operate as a standalone company; Sabre retains hotel B2B distribution business.
Sabre to host conference call on May 7, 2025 to discuss Q1 results and transaction details.

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