Dow Jones Newswires: KKR to buy 20% stake in Singtel’s data-center business

By / / Finance / 1 minute of reading


Private-equity firm KKR has agreed to buy a 20% stake in the regional data-center business of Singapore Telecommunications for 1.1 billion Singapore dollars (US$800.0 million).

The telecom company said Monday that the investment to be made by a fund managed by KKR puts the enterprise value of Singtel’s overall regional data-center business at S$5.5 billion.

Singtel…



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Elizabeth Wilson is a news writer for Texas-Express.com, where she covers lifestyle, books, sports, education, and tech. She has been with the company since 2018. In her free time, Elizabeth likes to read and watch sci-fi movies. She also enjoys playing board games with friends and family.
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