(Bloomberg) -- 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.

Insurer Axa SA snapped up a 15 percent stake in the Great Western Express fleet earlier this year from John Laing Group Plc, an infrastructure investor.

To contact the reporter on this story: Anna Hirtenstein in London at ahirtenstein@bloomberg.net

To contact the editors responsible for this story: Reed Landberg at landberg@bloomberg.net, Kim Robert McLaughlin, Amy Teibel

©2018 Bloomberg L.P.