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 Singtel’s overall regional data centre business at S$5.5 billi
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 centre s business across Southeast Asian markets. KKR has the option to increase its stake to 25% by 2027.
KKR to acquire 20% stake in Singtel s regional data centre business sbr.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sbr.com.sg Daily Mail and Mail on Sunday newspapers.
Singtel sells 20% stake in data centre unit to KKR mobileworldlive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mobileworldlive.com Daily Mail and Mail on Sunday newspapers.