KKR-led consortium to invest $1.3b in SG-based STT Global Data Centres

KKR-led consortium to invest $1.3b in SG-based STT Global Data Centres

FILE PHOTO: A man looks out of the window under a Singtel signage at their head office in Singapore February 12, 2015. REUTERS/Edgar Su

In a big-ticket investment in the digital infrastructure space in Southeast Asia, a consortium of private equity major KKR and Singtel will invest S$1.75 billion ($1.3 billion) in Singapore-headquartered ST Telemedia Global Data Centres (STT GDC), according to a company announcement on Tuesday.

Edited by: Padma Priya