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Swoop Sells Melbourne Fibre Project for $11 Million to Xenith
6:25pm on Thursday 25th of June, 2026 AEST
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Swoop Sells Melbourne Fibre Project for $11 Million to Xenith
6:25pm on Thursday 25th of June, 2026 AEST
Key Points
Sale of Melbourne Fibre Project subsidiary for $11 million cash
Transaction removes remaining capital expenditure obligations
Proceeds primarily earmarked for debt reduction
Completion contingent on FIRB approval, expected Q1 FY2027
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