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Story summary
- Kohlberg Kravis Roberts & Co. L.P. (KKR) and Singapore Telecommunications Limited (Singtel) will acquire STT GDC's remaining 82% stake for S$6.6 billion, valuing the company at S$13.8 billion, with closing expected in H2 2026.
- The deal assigns KKR 75% and Singtel 25% ownership.
- STT GDC has grown from 1.4 GW to over 1.7 GW since the 2024 initial investment, reflecting rising AI and cloud demand.
