Bain Capital-backed TI hopes to raise €425m by floating

Bain Capital-backed TI Fluid Systems is reportedly planning to list its shares, a year after abandoning an IPO. The auto parts maker is expecting to raise around €425m by floating around 25 per cent of its shares, according to Reuters. Buyout giant Bain acquired the Oxford-based business in 2015 for a reported $2.4bn. A year …