Deals
Hitachi Seeking to Sell U.K. Trains Stake, Sunday Times Reports
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Hitachi Ltd. is seeking a buyer for its 70 percent stake in high-speed trains that run between London and Wales, the Sunday Times reported, without saying how it got the information.
The Japanese industrial giant has hired Goldman Sachs Group Inc. to advise on the sale, which could raise about 600 million pounds ($785 million), the newspaper said. The trains are part of the Great Western line.