KKR and Singtel to Acquire Remaining 82% of STT GDC for $5.1B

[Para 1: The Lead] KKR and Singtel have finalized the acquisition of the remaining 82% stake in Singtel GDC (STT GDC) for $5.1 billion, effective today, February 4, 2026. This transaction, aimed at enhancing the global data center infrastructure, immediately impacts the telecommunications sector, with STT GDC's stock symbol SGL.AX now under new ownership. [Para 2-3: Supporting details & Context] The deal, announced in December 2025, is part of Singtel's strategy to consolidate its data center operations. Financially, the acquisition is expected to bolster KKR's and Singtel's combined data center portfolio by 30%. STT GDC, a leading provider of data center services in Southeast Asia, will now be fully integrated into Singtel's global network. The transaction is subject to customary closing conditions and is anticipated to close by the end of Q1 2026, significantly strengthening Singtel's market position and KKR's investment portfolio.