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TPG Telecom Secures FIRB Nod for $5.25 Billion Fibre Asset Sale to Vocus
5:01pm on Monday 7th of July, 2025 AEST
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Telecommunications
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TPG Telecom Secures FIRB Nod for $5.25 Billion Fibre Asset Sale to Vocus
5:01pm on Monday 7th of July, 2025 AEST
Key Points
FIRB approval granted for sale of fibre and fixed EGW assets
Transaction valued at $5.25 billion including $250 million contingent payment
Net cash proceeds to TPG expected between $4.65 billion and $4.75 billion
Completion subject to remaining conditions and internal restructuring
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TPG Telecom (ASX:TPG)
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