Sabre Divests Hospitality Arm To TPG For $1.1B To Reduce Debt - TPG ( NASDAQ:TPG )
Sabre will use approximately $960 million in net proceeds from the sale to reduce debt and strengthen its capital structure. TPG plans to grow Hospitality Solutions as a standalone platform tailored to the evolving needs of the hotel industry. Feel unsure about the market's next move?
https://www.benzinga.com/news/25/04/45045012/sabre-divests-hospitality-arm-tpg-plans-debt-reductioncore-platform-focus