BF Utilities Ltd. is in advanced talks with Goldman Sachs /quotes/comstock/13*!gs/quotes/nls/gs to sell it a 10%-15% stake in phase II of the 164-kilometer Bangalore-Mysore expressway for around INR5 billion ($109.1 million), the Business Standard reported on its website Friday, citing people aware of the development.
A spokesperson for Goldman Sachs declined to comment, while Bhalchandra Mitkari, vice president of finance at the Indian company, didn't reply to questions, the website said.
Source: Market Watch