Announced

KKR to acquire a minority stake in Gulf Data Hub for $5bn.

Synopsis

KKR, an investment firm, agreed to acquire a minority stake in Gulf Data Hub, a data center provider in the Middle East, for $5bn. "With competitively priced and readily available sources of energy, an unmatched ability to serve as a gateway hub for Asia and Africa, and sustained government commitment to power the growth of the digital sector, we believe it is today one of the most attractive investment destinations for long-term capital," Tara Davies, KKR Co-Head of European Infrastructure.

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MergerLinks - KKR to acquire a minority stake in Gulf Data Hub for $5bn.