KKR agrees to buy 20% of Singapore-based Singtel's regional datacenter business for ~$807M at a ~$4B valuation, with an option to raise its stake to 25% by 2027 (Edwin Chan/Bloomberg)

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Edwin Chan / Bloomberg:
KKR agrees to buy 20% of Singapore-based Singtel's regional datacenter business for ~$807M at a ~$4B valuation, with an option to raise its stake to 25% by 2027  —  - It's making its latest bet on Asian digital infrastructure  — Demand for datacenters and networking surging because of AI

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