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Business & Economics
KKR to Buy 20% of Singtel’s Datacenter Arm for $800 Million
90% Informative
KKR & Co. agreed to pay S$1.1 billion ( $807 million ) for a fifth of Singapore Telecommunications Ltd.’s regional datacenter business.
The investment firm will have an option to raise its stake to 25% by 2027 .
KKR is one of the region's biggest investors in server networks and piping needed to power the internet and train a new generation of AI services.
VR Score
95
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94
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English
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59
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