You are not logged in: Client login
T2RL Home
 
 
 
Sabre and Farelogix deal is dead
Sabre and Farelogix have agreed to terminate the agreement. Sabre CEO, Sean Menke citied the UK's Competition and Markets Authority as the primary reason for the agreement's termination. Whilst there is little doubt Farelogix would have helped Sabre compete more effectively against Amadeus, the reality of the current liquidity crisis in the travel industry has affected and will continue to affect both Sabre and Farelogix. T2RL believe, that even with the current crisis there will be other suitors for Farelogix should the shareholders still wish to dispose of the asset. However the price will not be $360M. Potentially the current Farelogix shareholders may wish to wait until better times for a better price.
Published: 01/05/2020




The text for this article is available to subscribers only. 


 
 Subscribe  |  Contact us  |  Privacy  |  Glossary  |  Terms  |Manage Account  |  About