KKR in talks to buy ST Telemedia Global Data Centres, Bloomberg News reports (updated)
26/07/2025 17:32
Updates with ST Telemedia's response July 26 (Reuters) - U.S. investment firm KKR KKR.N is in talks to buy Singapore-based ST Telemedia Global Data Centres in a deal that could value the Asian infrastructure provider at more than $5 billion, Bloomberg News reported on Saturday, citing people familiar with the matter. KKR and STT declined to comment to Reuters' requests for comments on the report. KKR is already a backer of the closely held data center company with a 14.1% stake, Bloomberg News reported. In 2024, a consortium of KKR and Singapore Telecommunications STEL.SI invested S$1.75 billion ($1.37 billion) in ST Telemedia, whose businesses include data centres and infrastructure technology. ($1 = 1.2809 Singapore dollars) (Reporting by Harshita Meenaktshi in Bengaluru; Editing by Jan Harvey and Nick Zieminski) ((HarshitaMeenaktshi.R@thomsonreuters.com;))