KKR and Singtel Consortium to Acquire Remaining 82% of STT GDC
February 6, 2026
KKR and Singtel, with ST Telemedia, announced they have signed definitive agreements for a consortium led by funds managed by KKR and Singtel to acquire the remaining 82% stake in ST Telemedia Global Data Centres (STT GDC). The deal values STT GDC at an implied enterprise value of about S$13.8 billion (including leverage and committed capex), with expected closing in the early second half of 2026 subject to conditions and regulatory approvals.
- Buyers
- KKR, Singtel Group, ST Telemedia
- Targets
- ST Telemedia Global Data Centres (STT GDC)
- Sellers
- ST Telemedia (founding shareholder)
- Industry
- Infrastructure
- Location
- Singapore
- Transaction Type
- Buyout
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