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.

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).

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