24/7 Market News Snapshot 28 April, 2025 – Sabre Corporation (NASDAQ:SABR)
DENVER, Colo., 28 April, 2025 (www.247marketnews.com) – (NASDAQ:SABR) are discussed in this article.
Today, Sabre Corporation (SABR) has announced a transformative agreement to sell its Hospitality Solutions business to TPG for $1.1 billion in cash, a strategic move aimed at enhancing operational efficiency and financial stability. Following this significant development, the stock opened at $2.18 and surged by an impressive 24.38% to trade at $2.72, following a close of $2.19 in the previous session. This remarkable rise reflects heightened investor interest and a robust bullish sentiment surrounding the company.
The divestiture of Hospitality Solutions, which serves over 40% of the world’s leading hotel brands with its advanced software solutions, allows it to emerge as an independent entity. This separation will enable Hospitality Solutions to concentrate on delivering innovative technology tailored specifically for the hospitality industry. The agreement is expected to empower the business with dedicated resources, enhancing its ability to serve a global client base more effectively.
Expected net proceeds from the transaction, estimated to be around $960 million, will significantly reduce Sabre’s debt, thereby strengthening its balance sheet and allowing the company to refocus on its core operations in airline IT and travel marketplace platforms. Kurt Ekert, CEO of Sabre Corporation, expressed confidence in this strategic move and highlighted the collaboration with TPG as a pathway to unlock further growth opportunities for Hospitality Solutions.
The transaction, pending customary closing conditions and regulatory approvals, is projected to close by the end of the third quarter of 2025. This strategic transition reflects Sabre’s commitment to sustainable growth and adaptability in an ever-evolving industry, positioning both Sabre and Hospitality Solutions for a promising future.
Related news for (SABR)
- Sabre’s second quarter 2025 earnings materials available on its Investor Relations website
- Sabre announces upcoming webcast of its second quarter 2025 earnings conference call
- Sabre announces closing of sale of Hospitality Solutions business to TPG
- Sabre Corporation Announces Early Tender Results of Previously Announced Cash Tender Offers by Sabre GLBL Inc.
- Sabre Corporation Announces Upsize and Pricing of Senior Secured Notes Offering