Swiber’s Interim Managers Plan Asset Sales in Revival Proposal

  • Vessels, property, non-core units among assets on the block
  • Company to engage potential investors for financing solutions

Swiber Holdings Ltd. should be able to raise about $284 million of working capital to sustain its operations, including through asset sales, according to a report submitted by the interim judicial managers of the beleaguered offshore oil and gas services group.

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