Sabre Corporation $411 million acquisition of Abacus International

1/7/2015
Private acquisition

$ 411 million

Completed

1/7/2015


Overview:

  • Sabre Corporation has acquired 95% of Abacus International for $411 million.
  • Singapore Airlines, SilkAir, Singapore Telecommunications and National Association of Travel Agents Singapore have divested their 95% of issued share capital.
  • Abacus is a leading global distribution system in Asia-Pacific, and the acquisition was part of its overall investment strategy to strengthen in the region. 

Katrin Kostadinova - Data analyst

Jurisdiction:

Singapore

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

Singapore

Industry sectors:

Technology and telecommunications
Transport


Firms:

Party: Sabre Corporation (Acquirer)


Party: Sabre Corporation (Acquirer)


Party: Abacus Holdings (Seller)


Party: Singapore Airlines (Seller)

Party: SilkAir (Seller)

Party: Singapore Telecommunications (Seller)

Party: National Association of Travel Agents Singapore (Seller)