BTN Europe presents an overview of business travel and MICE predictions for this year
Virtual Event - 1 October 2020
ExCeL London - 22-23 June 2021
Technology solutions provider Sabre has filed a registration with US regulators ahead of an Initial Public Offering (IPO) of shares.
The owner of online travel agency Travelocity said the number of shares to be sold and the price range “have not yet been determined”.
Morgan Stanley, Goldman, Sachs and Co, Bank of America Merrill Lynch and Deutsche Bank Securities are acting as joint book-running managers for the offering.
Last year Sabre posted a net loss of $127.2 million on a revenue of $2.35 billion for the nine months to September 2013.
The Texas-based firm employs 10,000 people across 60 countries and has been privately owned by TPG and Silver Lake Partner for six years.