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Singtel and KKR Acquire 81.7% of STT GDC for S$6.6B

2/4/2026

25 4 Full Breakdown

Summary

Story summary

Singapore Telecommunications Limited (Singtel) and Kohlberg Kravis Roberts & Co. L.P. (KKR) will buy an 81.7% stake in Temasek Holdings' ST Telemedia Global Data Centres (STT GDC) for S$6.6 billion.
Singtel will invest S$740 million for a 25% stake.
KKR will hold 75% of STT GDC.
The deal values STT GDC at S$13.8 billion and highlights AI-driven data-center demand.

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Story summary

Singapore Telecommunications Limited (Singtel) and Kohlberg Kravis Roberts & Co. L.P. (KKR) will buy an 81.7% stake in Temasek Holdings' ST Telemedia Global Data Centres (STT GDC) for S$6.6 billion.
Singtel will invest S$740 million for a 25% stake.
KKR will hold 75% of STT GDC.
The deal values STT GDC at S$13.8 billion and highlights AI-driven data-center demand.