Bain Capital to sell or list clutch maker FTE - sources

SCANDINAVIAN BRAKE SYSTEMS Under frivillig likvidation A/S

28/10/2015 15:33

FRANKFURT, Oct 28 (Reuters) - U.S. buyout group Bain Capital 
is preparing the divestment of car parts maker FTE Automotive 
 PAIPRF.UL , seeking to take advantage of high sector 
valuations, two people familiar with the matter said.  
    After receiving expressions of interest from Asian groups 
Bain asked Rothschild  ROT.UL  to sound out options for the 
clutch and brake-systems maker including a sale or initial 
public offering which could take place as early as mid-2016, the 
sources said. 
    Bain and Rothschild declined to comment. 
     
 
 (Reporting by Arno Schuetze; additional reporting by Robert 
Smith and Freya Berry; Editing by Ludwig Burger) 
 ((arno.schuetze@thomsonreuters.com; +49.69.7565.1197; Reuters 
Messaging: arno.schuetze.reuters.com@reuters.net)) 
 
Keywords: BAIN FTE AUTOMOTIVE/SALE