|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||1.6800 - 1.6800|
|52 Week Range||1.6800 - 2.0100|
|Beta (5Y Monthly)||0.55|
|PE Ratio (TTM)||16.80|
|Forward Dividend & Yield||0.08 (4.64%)|
|Ex-Dividend Date||Aug 02, 2023|
|1y Target Est||N/A|
Singapore Telecommunications (Singtel), Southeast Asia's premier telecom operator, has agreed to sell a 20% stake in its regional data center business to U.S. private equity firm KKR for S$1.1 billion ($807 million) on Monday. This transaction marks KKR’s largest investment in Southeast Asian and global data center infrastructure so far, and values the Singtel unit at S$5.5 billion.
(Bloomberg) -- KKR & Co. agreed to pay S$1.1 billion ($807 million) for a fifth of Singapore Telecommunications Ltd.’s regional datacenter business, making its latest bet on Asian digital infrastructure.Most Read from BloombergXi’s Missing Defense Chief Opens Door for US Military TalksHow Auto Executives Misread the UAW Ahead of Historic StrikeTrillion-Dollar Industry Powering Chicago at Risk of LeavingEurope Is Better Prepared If Trump Wins Again, Germany’s Baerbock SaysCarry Trade Mints 42% Pr
(Reuters) -Singapore Telecommunications (SingTel) said on Monday global investment firm KKR will acquire a 20% stake in SingTel's regional data centre business for S$1.1 billion ($806.87 million). The deal puts the enterprise value of SingTel’s overall regional data centre business at S$5.5 billion ($4.03 billion) and the funds will be used to expand the data centre's business across Southeast Asian markets, including Singapore, Indonesia and Thailand, SingTel and KKR said in a joint statement.