Jan 31 (Reuters) - A KKR-led consortium is nearing a

deal to buy ST Telemedia Global Data Centres (STT GDC), which

would value it at more than S$13 billion ($10 billion), the Wall

Street Journal reported.

The investment firm ‌will acquire the Singapore-based global

data centre provider from its parent company, the WSJ report,

which ​cited people familiar with the matter, added.

KKR is making the acquisition ‍with Singaporean

telecommunications giant Singtel, it said.

Singtel said in ⁠a statement it ⁠continues to have talks in

relation to STT GDC as part of a consortium, adding ‌that while

these discussions are at an ​advanced stage, there is no

certainty they will lead to any definitive or binding agreement.

KKR declined to comment ⁠on the report, while STT GDC ‍and ​ST

Telemedia did not respond to requests for comment.

Reuters reported in November that KKR and Singapore

Telecommunications were in advanced talks to ‍buy more than 80%

of ST Telemedia Global Data Centres, which would give them full

ownership, for over S$5 billion ($3.93 billion).

KKR owns about 14% of the firm while Singtel, the

city-state's biggest telecom operator, has a stake of more than

4%. The rest is held by ​ST Telemedia, ‍which is wholly owned by

Singapore state investor Temasek Holdings.

If successful, the deal would rank among Asia's biggest data

centre transactions, ​with the boom in artificial intelligence

creating soaring demand for digital infrastructure.

Founded in 2014 and headquartered in Singapore, STT GDC

describes itself as one of the world's fastest-growing data

centre providers.

It operates more than 100 data centres with over 2 gigawatts

of IT load across over 20 major markets, including Singapore,

India and ​Japan, as well as Europe via its VIRTUS brand in the

UK, Germany and Italy, according to its website.

($1 = 1.2721 Singapore dollars)