In its statement via the stock exchange on May 28, Singtel says that it "regularly explores and reviews business opportunities, projects and proposals relating to its business and enters into discussions with various parties from time to time."
A Singtel-KKR consortium is a frontrunner to buy a minority stake of US$1 billion in STT Global Data Centres, reported Reuters on May 28.
Another potential buyer is Stonepeak, a US-based alternative investment firm, according to Reuters, citing various sources.
