KKR-Led Consortium Nears Acquisition of ST Telemedia Global Data Centres Valued at Over $10 Billion
DATA AND AI INFRASTRUCTURE
A KKR-led consortium is nearing the acquisition of ST Telemedia Global Data Centres, valuing the firm at over S$13 billion (approximately US$10 billion). The deal, involving Singapore's Singtel, follows KKR's previous minority investment in the company and reflects increasing foreign interest in data centers due to rising demand driven by the AI boom in Asia. An announcement regarding the acquisition is expected soon.
Feb 1, 2026, 1:16 PM
