KKR-led group set to buy Singapore data-centre firm valued at over $10 billion, WSJ reports
A KKR-led consortium is nearing a deal to buy ST Telemedia Global Data Centres, which would value the company at more than S$13 billion ($10.22 billion), the Wall Street Journal reported on Saturday, citing people familiar with the matter.
The investment firm will acquire the Singapore-based global data centre provider from its parent company, the report said, adding that KKR is making the acquisition together with Singaporean telecommunications giant Singtel.
