Bloomberg News

Carlyle, Bain and Pamplona Fight for TI Automotive, Times Says

October 02, 2011

Oct. 2 (Bloomberg) -- Carlyle Group LP, Bain Capital LLC and Pamplona Capital Management LLP are the final bidders for TI Automotive, a closely held auto-industry supplier put up for sale this year, the Sunday Times reported.

A preferred bidder for the Oxford, England-registered company may be chosen in the coming weeks, the newspaper said, without saying where it got the information. Offers are expected at about 900 million pounds ($1.4 billion), the paper said.

Spokespeople for Carlyle, Bain and Pamplona did not immediately return e-mails seeking comment today.

--Editor: Alex Nicholson

To contact the reporter on this story: Stephen Morris in London at smorris39@bloomberg.net.

To contact the editor responsible for this story: Faris Khan at fkhan33@bloomberg.net.


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