InfraCompute / Investments
KKR and Singtel buy out ST Telemedia Global Data Centres
M&A · ST Telemedia Global Data Centres · S$6.6bn, 2 September 2026.
Key terms
- Date
- 2 September 2026
- Type
- M&A
- Value
- S$6.6bn
- Status
- Completed
- Region
- Asia-Pacific
What happened
A KKR-led consortium with Singtel bought the 82% of STT GDC it did not already own, after investing a combined S$1.75bn for a minority stake in 2024. Announced 2 February 2026; completed in September 2026.
Recorded terms
- Stake acquired
- Remaining 82%
- Enterprise value
- S$13.8bn
- Ownership after completion
- KKR 75%, Singtel 25%
- Footprint
- Singapore, India, Japan, Korea and Southeast Asia
- Value basis
- S$6.6bn for the remaining 82%; S$13.8bn enterprise value
- Segment
- Data centres
Parties
More investments
For counsel on a deal like this
M&A, preferred equity and joint venture terms from the filed agreements, for the buyer’s, the seller’s or the sponsor’s side. Previews are open; the full text is free with InfraCompute Weekly.
Sources
- KKR (Business Wire): KKR-led consortium with Singtel to fully acquire STT GDC at S$13.8bn enterprise valueSource date: 2 February 2026
- DCD: KKR and Singtel fully acquire STT GDCSource date: September 2026
About this record
Compiled from the sources above. Investments are recorded separately from the debt register and are not counted in debt totals. Terms are as announced and may have changed since. Methodology · Send a correction.
