KPS Capital Is Said to Near $2 Billion Deal for Crown Cans

KPS Capital Is Said to Near $2 Billion Deal for Crown Cans

Private equity firm KPS Capital Partners is in advanced discussions to buy Crown Holdings Inc.’s cans unit for more than $2 billion, according to people familiar with the matter. The parties could announce a deal as early as this week, said the people, who asked not...
Ara Partners Targets $650 Million for Second Fund

Ara Partners Targets $650 Million for Second Fund

Ara Partners, a private-equity firm focused on companies that contribute to a low carbon economy, is pitching its second fund less than a year after raising $400 million for its debut vehicle. Ara Partners’ latest fund is targeting $650 million and expects to hold a...
UPDATE: Cubic Accepts Private-Equity Deal to Go Private

UPDATE: Cubic Accepts Private-Equity Deal to Go Private

Company accepts revised proposal to sell itself for $75 a share to Veritas Capital and Elliott affiliate Cubic Corp . said it has accepted a proposal to sell itself for $75 a share in cash to Veritas Capital and an Elliott Investment Management LP affiliate, the...