KKR to acquire a 20% stake in the regional data centre business of Singtel for $800m.

KKR, a global investment firm, agreed to acquire a 20% stake in the regional data centre business of Singtel, a communications technology group, for $800m. “We are pleased to provide this tailored solution to support the regional data centre platform of Singtel, one of the most longstanding and distinguished corporations in Singapore and a leading digital infrastructure provider in Asia Pacific. Robust digital infrastructure, including high-quality data centres, will play a crucial role in enabling Southeast Asia’s flourishing digital economy, and Singapore is well-placed to serve as a central hub for the region. We look forward to working closely with Bill, Arthur and Singtel’s talented team to meet this tremendous demand, and sharing our global expertise and network to accelerate the platform’s growth across the region,” David Luboff, KKR Partner and Head of Asia Pacific Infrastructure.