KKR currently owns about 14% of GDC while Singtel has a stake of more than 4%.
Investment firm KKR & Co and Singapore Telecommunications (Singtel) are reportedly in advanced talks to buy more than 80% of ST Telemedia Global Data Centres, according to Reuters, citing sources it did not name.
If this deal materialises, KKR and Singtel, which are already in an existing venture to build data centres together, will gain full ownership over GDC, for over $5 billion.
