KKR and Singtel finish buyout of ST Telemedia Global Data Centres
The consortium has taken full ownership of the data centre platform after paying S$6.6 billion for the stake it did not already hold.
KKR and Singtel have completed their purchase of ST Telemedia Global Data Centres, closing the deal on 1 September 2026.[1]
The buyout covered the 82 percent of the company the pair did not already own.[1][2]
They paid S$6.6 billion, equivalent to about $5.1 billion, to Temasek-owned ST Telemedia for that remaining holding.[1][2]
The whole platform was valued at S$13.8 billion, or roughly $10.9 billion, at the time of the closing.[1][2]
The agreement to take full ownership was reported on 28 August 2026, days before completion.[2]
An earlier report dated 30 July 2026 described a KKR-led consortium together with Singtel as set to take full control of the operator.[3]