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Serko Ltd. Acquires Sabre’s Stake in GetThere

Serko Ltd. Acquires Sabre’s Stake in GetThere

Serko Ltd. (SERKF) has released an update.

Serko Ltd. is set to acquire Sabre’s interest in GetThere L.P. for a total of USD 12 million, potentially issuing new shares as part of the payment. The deal includes an upfront cash payment and a possible deferred payment through cash or shares, with additional performance-based bonuses. The share issuance is designed to avoid significant changes in Serko’s control structure.

For further insights into SERKF stock, check out TipRanks’ Stock Analysis page.

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