Sabre revives $1 billion sale of Sabre Hospitality in bid to cut debt
💾 Sabre Corporation plans to sell its SynXis hospitality software division, potentially for over $1 billion, to alleviate its $4.5 billion debt. SynXis, which fuels over 40% of global hotels, generates $300 million annually. Evercore is seeking buyers, with private equity and software competitors in the mix. After the sale news, Sabre's stock jumped 3.4%. (Apr 1, 2025)
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