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Saturday, July 26, 2025

KKR Said in Talks to Buy STT GDC in Deal Valued at $5 Billion

 


KKR & Co. is in talks to buy ST Telemedia Global Data Centres in a deal that could value the Asian digital infrastructure provider at more than $5 billion, according to people familiar with the matter.

The US investment firm and ST Telemedia Pte could reach a deal in the coming weeks, the people said. KKR is already a backer in the closely held data center company known as STT GDC with a 14.1% stake. At a more than $5 billion valuation, the deal could be among the largest for KKR this year, according to data compiled by Bloomberg.

https://www.bloomberg.com/news/articles/2025-07-26/kkr-said-in-talks-to-buy-data-center-firm-stt-gdc-in-5b-deal

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