B Krishna Mohan / Chennai/ Hyderabad

Valuations hold the key, says company.

GVK Power and Infrastructure Ltd (GVKPIL), with interests in power, airports, roads and mining, is looking to divest its roads and power ventures. The company is in talks with at least five players for divesting up to 49 per cent in these two segments.

"The discussion have just begun and it will take some time for things to crystalise," said GVKPIL chief financial officer George A Issac.

Full Story...

Posted by boyang at April 20, 2009 5:46 AM