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Abacus corporation pte ltd9/28/2023 Separately, the acquisition includes new long-term distribution agreements between Sabre and the 11 airline owners of Abacus. This is great news for the industry in Asia-Pacific, and we look forward to passing the benefits of integration to all sectors of this region’s diverse travel community.”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 content and Chinese airline content. We now have the opportunity to take the business forward even faster, broadening the scope within the Sabre family and with the support of our shareholder carriers. This powerful combination will give customers even more innovation and service options, while allowing Sabre to accelerate growth globally in a very capital efficient way – and to gain regional synergies in all three of our businesses serving travel agents, airlines and hospitality companies.”Ībacus International President and CEO, Robert Bailey added, “With our extended network in Asia-Pacific, Abacus has built a trusted brand of unique significance and scale. “Acquiring Abacus immediately combines the global capabilities of Sabre with the deep local market expertise of the leading Asia-Pacific GDS. “The Asia-Pacific travel market is the largest and fastest growing in the world,” said Tom Klein, Sabre President and CEO. Sabre will purchase the remaining portion of Abacus for net cash consideration of $411 million. Abacus is currently owned by a consortium of 11 Asian airlines along with Sabre, which has a 35% stake in the company. SOUTHLAKE, Texas, and SINGAPORE, – Sabre Corporation (NASDAQ: SABR) announced today that it has entered into a definitive agreement to acquire Abacus International, the leading global distribution system (GDS) in the Asia-Pacific region. V.Leading GDS in Asia Pacific will enable accelerated global growth for Sabre VILLAR VILLE,1ST FLOOR 16 PJ RAMCHANDANI MARG, COLABA MUMBAI City MH 400001 INĨ07, Dev Plaza, Opp. G-43,Dhanraj Mahal, Chatrapati Shivaji Marg Mumbai City MH 400001 INĬ/O SEAHORSE SHIP AGENCIES PVT LTD, SEAHORSE HOUSE 30/32 ADI MARZBAN STREET, BALLARD ESTATE, MUMBAI City MH 400001 IN JEEVAN SAHAKAR, 5TH FLOOR HOMJI STREET, FORT Mumbai City MH 400001 INġST FLOOR, DBS HOUSE, 31, MURZBAN ROAD, FORT, MUMBAI MH 400001 INīLOCK A B, 2ND FLOOR, KUSHESH MANSION, 22, CAWASJEE STREET 28/54, JANMABHOOMI MARG Mumbai City MH 400001 INģ03/306 EMCA House 289 Shahid Bhagat Singh Road Mumbai City MH 400001 INĭBS HOUSE PRESCOTT ROAD, FORT Mumbai City MH 400001 INĢ9 BANK STREET, FORT MUMBAI City MH 400001 IN Total Companies with Similar Address : 201 Rank Company is also written / known as M/S ABACUS CORPORATION PRIVATE LIMITED or M/S ABACUS CORPORATION PVT. Its registered address is RAHIMTOOLA HOUSE 3RD FLOORHOMJI STREET FORT MUMBAI MH 400001 IN.Ĭurrent status of ABACUS CORPORATION PRIVATE LIMITED is Active. Has authorized share capital of Rs.1,000,000 and has paid up capital of Rs.313,000ĪBACUS CORPORATION PRIVATE LIMITED's Annual General Meeting (AGM) was last held on Thursday, 31 December 2020 as per records from Ministry of Corporate Affairs (MCA), its balance sheet was last filed on Tuesday, 31 March 2020.ĭirectors of ABACUS CORPORATION PRIVATE LIMITED are YASIR JUZER VARAWALA, MAZHAR HUSSAIN NAJMUDDIN ARIF and BIRJIS MAZHAR ARIF.ĪBACUS CORPORATION PRIVATE LIMITED's Corporate Identification Number is (CIN) U67190MH2004PTC149913 and its registration number is 149913. It is classified as Non-government company and is registered at Registrar of Companies, MUMBAI. ABACUS CORPORATION PRIVATE LIMITED is a Private company incorporated on Thursday, 09 December 2004.
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