KKR, SingTel bet big on global data center boom

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MANILA, Philippines — Investment firm KKR and Singapore-based telco group Singtel are set to take over global data center builder ST Telemedia Global Data Centers (STT GDC), which has a presence in the Philippines as a partner of the Ayala Group, in a deal valued at $5.1 billion. In a Feb. 4 news release on
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