Singtel shares hit record after STT GDC buyout deal with KKR
04/02/2026 24:59
SINGAPORE, Feb 4 (Reuters) - Shares of Singapore Telecommunications STEL.SI opened up 1.9% higher to hit a record high of S$4.95 on Wednesday after it said its consortium with KKR KKR.N will pay S$6.6 billion ($5.2 billion) to fully own ST Telemedia Global Data Centres. (Reporting by Yantoultra Ngui in Singapore and Roushni Nair in Bengaluru; Editing by Tom Hogue) ((Yantoultra.Ngui@thomsonreuters.com;))