KKR buys stake in Singtel's Asia data centre business
KKR has agreed to acquire a 20% stake in Singtel’s Asia data centre business for SGD 1.1bn (USD 800m) via its infrastructure strategy.
KKR will have the option to increase its holding to 25% by 2027 at the same valuation. Singtel, which established the business as part of its Digital InfraCo unit in June 2023, said it hoped to leverage...
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