KKR, Singtel taking over data center powerhouse STT GDC

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