KKR and Singtel agree S$6.6bn data centre M&A deal

Singapore's ST Telemedia Global Data Centres has 2.3GW of design capacity across 12 markets in Asia Pacific, the UK and Europe; it is the largest ever data centre deal in SEA.
February 04, 2026

Global investment firm KKR and Singapore’s Singtel have agreed to acquire a 82% stake in ST Telemedia Global Data Centres, a leading data centre colocation services provider, from founding shareholder ST Telemedia for a total consideration of S$6.6 billion ($5.1 billion).

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Related Articles

Singtel ramps up investment to build Singapore's AI future

Facing limited land, power and access to frontier compute, Singtel is helping build a sovereign AI ecosystem that combines infrastructure innovation, strategic partnerships and regional expansion to support Singapore's AI ambitions, according to the firm's CTO.
June 14, 2026