Topic: KKR

Global investment firm KKR, Asia’s leading communications technology group Singtel, and ST Telemedia have announced the signing of definitive agreements under which funds managed by KKR and Singtel (together, the “Consortium”) will acquire the remaining 82% stake in ST Telemedia Global Data Centres (“STT GDC” or the “Company”), a leading data centre colocation services provider, from founding shareholder ST Telemedia for a total consideration of S$6.6 billion (approximately US$5.1 billion).

Gulf Data Hub, one of the independent data center platforms in the Middle East focused on serving hyperscale demand across the Gulf countries, and KKR, a leading global investment firm, announced that funds affiliated with KKR will acquire a stake in GDH.