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04 Feb 2026
KKR and Singtel to take full ownership of data center firm STT GDC for about $5 billion
Summary
KKR and Singtel will acquire the remaining 82% stake in ST Telemedia Global Data Centres for S$6.6 billion, valuing the company at S$13.8 billion. This acquisition, KKR’s largest infrastructure investment in Asia Pacific, highlights the growing demand for data centers driven by AI and cloud computing.
https://www.cnbc.com/2026/02/04/kkr-and-singtel-stake-in-stt-gdc-for-over-5-billion.html