06-07-2016 11:27 via news.yahoo.com

Brexit could delay car parts firm TI Automotive's IPO - sources

FRANKFURT/LONDON (Reuters) - The planned stock market listing of UK auto parts supplier TI Automotive, a potential 3 billion euro (3 billion pounds) deal, is facing a delay due to volatility triggered by Britain's vote to leave the European Union, people familiar with the matter said. Bain Capital, which owns the maker of fuel tanks, pipes and pumps for cars and trucks, picked Deutsche Bank , JP Morgan and Goldman Sachs to organise an initial public offering, the sources said. Bain and the banks
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