Travel technology provider and GDS Sabre Corporation has filed a registration in the US ahead of an Initial Public Offering of shares.
The parent of lastminute.com owner Travelocity has not yet determined the number of shares to be sold or the price range.
Morgan Stanley, Goldman, Sachs & Co, BofA Merrill Lynch and Deutsche Bank Securities are acting as joint book-running managers for the offering.
The registration statement has been filed with the US Securities and Exchange Commission.
Texas-based Sabre, which employs 10,000 people across 60 countries, has been privately owned by TPG and Silver Lake Partner for almost seven years and a return to public ownership has been long-expected.
A number of recent decisions and divestments by Sabre, including a deal which saw Travelocity become a marketing front for rival Expedia in the US, were seen as a prelude to an IPO.