Singtel confirms STT GDC talks amidst reports on $3.9b data centre deal

But, it did not confirm the reported value or scope of the acquisition.

Singapore Telecommunications Limited (Singtel) confirmed on 6 November that it is engaged in ongoing discussions as part of a consortium regarding STT GDC.

The confirmation followed a Reuters article which reported that KKR and Singtel were seeking full ownership of the Singapore data centre firm in a deal valued at $3.9b.

Singtel, however, did not confirm the value or scope of the acquisition but advised investors that there is no certainty that the discussions will lead to any definitive agreement.

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