Law360, New York (November 13, 2013, 1:09 PM EST) -- Private equity firm Bain Capital LLC is nearing a $2 billion deal for auto parts supplier TI Automotive Ltd., according to a late Tuesday report from Reuters. The takeover talks mark Bain's second go at TI Automotive, after a potential sale collapsed in 2011 as the company's financials floundered. But over the summer, TI Automotive's owners — including Oaktree Capital Group LLC — put the company back on the market. TI Automotive makes fuel talks and powertrain components for cars and trucks.
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