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04.02.26 - 00:27
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KKR-Led Consortium with Singtel Group to Fully Acquire ST Telemedia Global Data Centres at S$13.8 Billion Enterprise Value (Business Wire)
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Marks one of the largest digital infrastructure transactions in Southeast AsiaSINGAPORE--(BUSINESS WIRE)--Global investment firm KKR, Asia's leading communications technology group Singtel, and ST Telemedia today announced the signing of definitive agreements under which funds managed by KKR and Singtel (together, the “Consortium”) will acquire the remaining 82% stake in ST Telemedia Global Data Centres (“STT GDC” or the “Company”), a leading data centre colocation services provider, from founding shareholder ST Telemedia for a total consideration of S$6.6 billion (approximately US$5.1 billion). This represents an implied enterprise value of approximately S$13.8 billion (approximately US$10.9 billion), including leverage and capital expenditure for committed projects.
Upon completion, KKR and Singtel will own stakes of 75% and 25% respectively in the Company, taking into account the conversion of existing redeemable preference shares that both KKR and Singtel hold in the Company.
The Consorti...
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01.02.26 - 21:18
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GIC, Mubadala Said to Be Set to Join KKR in $10 Billion STT Deal (Bloomberg)
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GIC Pte and Mubadala Investment Co. are in talks to join KKR & Co. and Singapore Telecommunications Ltd. in their potential purchase of data center operator STT GDC Pte, people familiar with the matter said, in what could be one of the biggest digital infrastructure deals in recent months....
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12.11.25 - 06:19
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Singtel CFO on 1H25 Earnings (Bloomberg)
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Arthur Lang, Group CFO at Singtel, discusses the outlook for business growth as the company expects to book a higher operating profit for the full year after posting strong results in the first half.
He speaks with Avril Hong and Shery Ahn on "Bloomberg: The Asia Trade".
(Source: Bloomberg)...
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28.10.25 - 13:06
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CoreStory Raises $32 Million Series A to Modernize the World′s Legacy Software with AI for Code Intelligence (Business Wire)
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Investment led by Tribeca Venture Partners, NEA, and SineWave Ventures to accelerate enterprise modernization and AI-powered development.SAN FRANCISCO--(BUSINESS WIRE)--CoreStory, the Code Intelligence company, today announced a $32 million Series A funding round led by Tribeca Venture Partners, NEA, and SineWave Ventures, with participation from Harrison Metal, Singtel Innov8, Samsung Next, Nimble Partners, and Alumni Ventures.
The investment accelerates CoreStory's mission to tackle one of enterprise technology's most costly challenges: understanding and modernizing the trillions of lines of legacy code that still power critical systems such as Social Security, Medicare, airlines, banks, and defense networks. Most of this code is undocumented, risky to modify, and too complex for traditional methods to safely modernize.
At the same time, a surge of AI-generated code is adding billions of new lines each month, many without documentation or clear design intent. Enterprises now face a dual challenge: mod...
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