We needed a strong financial partner who could do a deal quickly: GV Sanjay Reddy, GVK Group

After announcing an agreement for Mumbai International Airport, GV Sanjay Reddy Vice Chairman, GVK Group, responded to ET’s questionnaire on email on the deal dynamics, ED/CBI probe and the road ahead. Edited excerpts:

What exactly is the deal? At what valuation is the deal being done and what are the securities – will Adani NSE -1.27 % pay equity, debt?

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