Singtel clarifies $12.7b STT GDC deal talks are ‘advanced but non-binding’
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Singtel has clarified that discussions regarding the potential acquisition of STT GDC Pte. Ltd. by a KKR-led group are advanced but remain non-binding. The talks involve a valuation exceeding $12.72 billion (US$10 billion). Singtel emphasized that while discussions are ongoing, there is no guarantee of a definitive agreement. The company will disclose any material developments as required by the Singapore Exchange listing rules and advises investors to exercise caution before any formal announcement.
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