KKR-Singtel Consortium Completes $10.9B Takeover of Singapore's STT GDC

A consortium led by U.S.-based investment firm KKR, together with Singapore's Singtel, has completed its acquisition of STT GDC, taking full ownership of the Singapore-headquartered data-center operator. The deal, announced in a statement on Wednesday, marks one of the largest leveraged buyouts in the Asian digital infrastructure sector to date. The transaction is valued at S$13.8 billion ($10.9 billion), reflecting the rapid appreciation of data-center assets amid surging demand for cloud and A