KKR, Singtel to Invest $1.3B in STT GDC Data Centers

KKR and Singtel to Invest $1.3 Billion in Data Center Firm STT GDC

In a major business deal, a group led by KKR & Company and Singtel has agreed to invest S$1.75 billion ($1.3 billion) in Asian digital infrastructure provider ST Telemedia Global Data Centres (STT GDC). This investment will give them a minority stake in the company.