ABACUS CORPORATION PTE LTD UPDATE

We intend to use this website as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. We routinely post important information for investors on our website,, in the Investor Relations section. Headquartered in Southlake, Texas, USA, Sabre operates in approximately 60 countries around the world. Sabre also operates the world’s leading travel marketplace, processing more than $110 billion of annual travel spend. Sabre’s software, data, mobile and distribution solutions are used by hundreds of airlines and thousands of hotels to manage vital operations, such as passenger and guest reservations, revenue management, and flight, network and crew management. Sabre Corporation is a leading technology provider to the global travel and tourism industry.

ABACUS CORPORATION PTE LTD UPDATE

Sabre management will update financial guidance as it relates to the Abacus acquisition during the company’s next earnings conference call, which is scheduled for Tuesday, August 4, 2015. Sabre has also signed an agreement to acquire Abacus national marketing company, Abacus Distribution Systems (Hong Kong). The acquisition, including associated working capital adjustments and cash acquired, was financed through cash on hand, augmented by revolver borrowings of $70 million. Separately, the acquisition includes new long-term distribution agreements between Sabre and the 11 Asian airlines that previously shared ownership of Abacus with Sabre. Sabre, which previously owned 35% of Abacus, acquired the remaining portion for net cash consideration of $411 million. It also makes us an ideal technology partner for global customers seeking to grow and expand in Asia-Pacific.”Ībacus serves more than 100,000 travel agents across the Asia-Pacific region’s 59 markets and has both global and uniquely local relationships with airlines and hotels, including the leading portfolio of low-cost airline content and Chinese airline content. “Our ability to combine Sabre’s strong global technology platform capabilities with Abacus’ deep local market expertise will provide Asia-Pacific airline, hospitality and travel agency customers with unprecedented innovation and service options. “The addition of Abacus further strengthens Sabre’s leading position in the fast-growing Asia-Pacific region,” said Sabre President & CEO Tom Klein. SOUTHLAKE, Texas, J– Sabre Corporation (NASDAQ: SABR) today announced that it has completed the acquisition of Abacus International, the leading global distribution system (GDS) in the Asia-Pacific region. The newly acquired NMC is now a wholly owned, integral part of one Sabre.Leading GDS in Asia Pacific will enable accelerated global growth for Sabre “We want every travel agent and regional supplier to readily access our global and local software, data, mobile and distribution services, to enjoy the benefit of one unified and market-aligned global Sabre brand.”įrom today all visitors will transfer to The brand change also coincides with Sabre’s acquisition of a third national marketing company based in Malaysia – Abacus Distribution Systems (Malaysia) Sdn Bhd – following Singapore and Hong Kong. Travel agency, and supplier customers will engage with their local teams at Sabre Travel Network Asia Pacific and via an expanded corporate domain at “The rebrand recognises the global potential of Asia Pacific’s evolving travel businesses, especially those focused on the opportunities online,” said Roshan Mendis, senior vice president of Sabre Travel Network Asia Pacific. Roshan Mendis: The rebrand recognises the global potential of APAC’s evolving travel businesses.

Abacus corporation pte ltd