KKR and New Telecommunications Consortium spent S$6.6 billion to acquire STT GDC.
KKR, New Telco and its affiliated funds will acquire the remaining 82% stake in ST Telemedia's global data centers for a total transaction value of 6.6 billion Singapore dollars. Including leveraged debt and committed capital expenditures, the implied enterprise value of the transaction is approximately 13.8 billion Singapore dollars.
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