ST Telemedia is sounding out interest from potential buyers for the entire stake, the people said, asking not to be identified as the deliberations are private.
ST Telemedia is considering selling its holding in Chinese data centre operator GDS Holdings, people familiar with the situation said.
The company, backed by Temasek Holdings, holds almost 34% of GDS’s Class A shares, representing about 20% of aggregate voting power, the latest GDS annual report shows.
