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KKR to acquire stake in Singtel's regional data centre unit for US$807 million

Singapore Telecommunications (Singtel) said on Monday (Sep 18) global investment firm KKR will acquire a 20 per cent stake in Singtel's regional data centre business for S$1.1 billion (US$806.87 million). The deal puts the enterprise value of Singtelโ€™s overall regional data centre business at S$5.5 billi
David Luboff Singapore Telecommunications Singtel Aster Renewable Energy Singapore Telecommunications Southeast Asian Southeast Asia

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SingTel KKR: KKR to acquire stake in SingTel's regional data centre unit for $807 mln

Global investment firm KKR will acquire a 20% stake in Singapore Telecommunications (SingTel) regional data centre business for S$1.1 billion ($806.87 million). SingTel and KKR said the deal will be used to expand the data centres business across Southeast Asian markets. KKR has the option to increase its stake to 25% by 2027.
David Luboff Singapore Telecommunications Singtel Aster Renewable Energy Southeast Asian Southeast Asia Pinnacle Towers

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