GIC and Mubadala to Join KKR in $10 Billion Acquisition of STT GDC
DATA AND AI INFRASTRUCTURE
GIC Pte and Mubadala Investment Co. are negotiating to join KKR & Co. and Singapore Telecommunications Ltd. in acquiring data center operator STT GDC Pte. The deal, potentially exceeding $10 billion including debt, positions GIC and Mubadala as minority co-investors in this significant digital infrastructure transaction. Details of the discussions remain private.

Feb 2, 2026, 8:08 AM