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Singtel to sell 20% stake in regional data centre business valued at $5.5 bil

September 19, 2023 /0 Comments/in Misc /by tengahplantationnewec

Partnership between Singtel and KKR has seen the telco agree to sell KKR a stake of 20% in its regional data centre business. KKR will be able to increase their stake further to 25% by the pre-agreed valuation in 2027. Singtel’s regional data centre business, part of their Digital InfraCo unit, has an enterprise value […]

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