MQG News: Macquarie fund to invest in US fiber internet provider SwyftFiber - 27th Oct 2023, 5:02am

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(Reuters) -Australia's Macquarie Group said late on Thursday that a fund managed by its asset management arm would invest in U.S.-based telecom services provider SwyftFiber.

Macquarie did not disclose the financial details of the deal, but a person familiar with the matter told Reuters that the asset manager was committing to make a $275 million investment.

SwyftFiber did not immediately respond to Reuters' request for comment on deal details.

The proposed investment will allow SwyftFiber to ...

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