Archive · 1 Feb 2026

KKR-led group to buy Singapore data firm

KKR-led group to buy Singapore data firm

A group led by KKR, a big investment company, is about to buy a company called ST Telemedia Global Data Centres.

This company is based in Singapore and helps other companies store and manage their digital information.

The deal is worth over $10.22 billion, which makes it one of the biggest deals of its kind in Asia.

KKR and Singtel, a big telecom company in Singapore, are buying the company from its current owners, which include Temasek Holdings.

ST Telemedia Global Data Centres has over 100 data centers in more than 20 countries, including Singapore, India, Japan, and some places in Europe.

The reason they want to buy this company is because more and more people and businesses are using artificial intelligence, which needs a lot of digital infrastructure.

Sources