KKR-Singtel Sign $5.1 Billion Data Center Deal in Southeast Asia
KKR and Singtel have entered into a $5.1 billion deal to acquire an 82% stake in ST Telemedia Global Data Centres (STT GDC) from its founding shareholder. This transaction significantly expands KKR and Singtel's footprint in the digital infrastructure sector, particularly in Southeast Asia, with STT GDC valued at S$13.8 billion including debt. The agreement is expected to close in the first half of 2026, positioning KKR and Singtel to own 75% and 25% of the company, respectively, and capitalize on the growing demand for AI and cloud services.
https://www.benzinga.com/markets/large-cap/26/02/50366652/kkr-singtel-sign-5-1-billion-data-center-deal-in-southeast-asia