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KKR and Singtel Eye Full Acquisition of Singapore Data Center Firm in $3.9 Billion Transaction
4 day ago /
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Author：小编
According to two individuals with insider knowledge of the situation, KKR Group and Singtel are deep in advanced talks aimed at acquiring more than 80% of ST Telemedia Global Data Centers. Should the deal reach fruition, these two entities will gain complete ownership of the company, with the transaction value surpassing S$5 billion (roughly equivalent to $3.9 billion). Presently, KKR Group possesses around 14% of the shares, while Singtel holds over 4%, with the remainder of the shares being owned by ST Telemedia. The acquisition is anticipated to be finalized by the end of the current year; however, the precise terms and schedules remain susceptible to modifications.
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