Brief: Singtel Reports Acquisition of STT Gdc by KKR-led consortium with Singtel Group
03/02/2026 23:26
Feb 4 (Reuters) - Singapore Telecommunications Ltd STEL.SI: AN AMOUNT EQUAL TO S$3.3 BILLION, BEING 50% OF TOTAL CONSIDERATION, WILL BE PAYABLE ON CLOSING TOTAL CONSIDERATION FOR SALE SHARES IS S$6.6 BILLION INVESTOR COMMITS S$740 MILLION EQUITY INJECTION INTO OPAL UNIT AND KKR OPAL TOPCO LP AGREED TO FORM A CONSORTIUM TO ACQUIRE THROUGH OPAL BIDCO PTE. LTD. ALL SHARES IN SHARE CAPITAL OF STT GDC REMAINING TOTAL CONSIDERATION PAYABLE FOR SALE SHARES WILL BE FUNDED BY KKR'S SEPARATE INVESTMENT INTO OPAL AND DEBT HAVE AGREED TO FORM A CONSORTIUM TO ACQUIRE THROUGH OPAL BIDCO 81.7% OF STT GDC AN AMOUNT EQUAL TO S$3.3 BILLION, BEING 50% OF TOTAL CONSIDERATION, WILL BE PAYABLE ON CLOSING UPON CLOSING, SINGTEL INVESTOR WILL HOLD AGGREGATE EQUITY INTEREST OF 25% OF ALL SHARES IN SHARE CAPITAL OF STT GDC Further company coverage: STEL.SI ((Reuters.Briefs@thomsonreuters.com;))