KKR to Acquire 20 Percent Stake in Singtel’s Regional Data Centre Business Valued at S$5.5 Billion
Singtel, Asia’s leading communications technology group, and leading global investment firm KKR have reached a definitive agreement under which a fund managed by KKR will commit up to S$1.1 billion (~US$800 million) for a 20% stake in Singtel’s regional data centre business. This investment puts the enterprise value of Singtel’s......