EXCLUSIVE-UPDATE 1-TI Automotive explores sale-sources


* Deutsche, Lazard advising TI on options including sale * Privately-held TI may be worth around $1.25 bln-sources * TI revenues estimated at $2.5 bln, EBITDA at $250 mln (Adds industry background, details about the company) By Soyoung Kim and Michael Erman NEW YORK, June 21 (Reuters) - TI Automotive has hired Deutsche Bank and Lazard Ltd to explore strategic alternatives for the company, including a potential sale or initial public offering, people familiar with the matter said. ...

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