Wednesday, February 4, 2026 at 1:17 AM
A KKR-led consortium is acquiring ST Telemedia Global Data Centres for $10.9 billion, marking KKR's largest infrastructure investment in the Asia-Pacific region amid rising demand for tech assets driven by AI.
The consortium is nearing a deal to acquire ST Telemedia Global Data Centres valued at over $10 billion.
KKR agreed to acquire Arctos Partners, an investor in professional sports franchise stakes, in a deal initially valued at $1.4 billion.
Looking to cash in on the AI boom, the world’s largest owner of industrial real estate is weighing a co-investment vehicle focused on data centers.
The tech giant reported higher-than-expected spending on AI infrastructure while growth in its closely watched cloud business slowed.
