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Babylon Sells Maintenance Business to Sharpen Water Rental Focus

1:24pm on Wednesday 29th of July, 2026 AEST Industrial Services
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Babylon Sells Maintenance Business to Sharpen Water Rental Focus

1:24pm on Wednesday 29th of July, 2026 AEST
Key Points
  • Sale of Primepower Queensland for $150,000
  • Non-cash writedown of approximately $5 million expected
  • Completion targeted by end of July 2026
  • Simplifies corporate structure and reduces costs
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