Singtel, Asia’s leading communications technology group, and leading global investment firm KKR have reached a definitive agreement under which a fund managed by KKR will commit up to S$1.1 billion (~US$800 million) for a 20% stake in Singtel’s regional data centre business. This investment puts the enterprise value of Singtel’s overall regional data centre business at S$5.5 billion. KKR will…
Singtel, Asia’s leading communications technology group announced the appointment of Eric Harmon as the Chief Executive Officer of its global cyber security arm Trustwave. Harmon will report to Stuart Harvey, Chairman of Trustwave’s Board and Executive Committee. Harmon succeeds Art Wong as new CEO. Prior to this role, Harmon served as advisor to SecureTrust, a…
Bharti Airtel International B.V., doing business in Africa as Airtel Africa has raised $1.25 billion (over Rs 9,200 crore) by issuing fresh shares to six global investors including Warburg Pincus, Temasek, Singtel, and SoftBank Group International. The company organized a two-stage fundraise to manage its debts. The transaction will not be involving any sale of shares…