Sunday, September 17, 2023

KKR to acquire stake in SingTel#39;s regional data centre unit for $807 million

KKR to acquire stake in SingTel#39;s regional data centre unit for $807 million The deal puts the enterprise value of SingTel’s overall regional data centre business at S$5.5 billion ($4.03 billion) and the funds will be used to expand the data centre#39;s business across Southeast Asian markets, including Singapore, Indonesia and Thailand, SingTel and KKR said in a joint statement.

from Moneycontrol Business News https://ift.tt/9LMy6Uz

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