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Singtel snaps up stake in US cyber security firm

It acquires 98% holding in Trustwave for US$810m; deal expected to close in 3-6 months

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The Trustwave transaction is Singtel's biggest acquisition outside the telecoms segment so far.

Singapore

IN line with its ambitions to be a global player in the cyber security market, Singtel is acquiring a 98 per cent stake in US-based Trustwave for US$810 million in its biggest acquisition outside the telecoms segment so far.

Trustwave chairman and chief executive Robert