American Securities front runner for Carlyle, KPS auto assets

Newswire

By Greg Roumeliotis and Soyoung Kim NEW YORK, Sept 28 (Reuters) - American Securities LLC is in the lead to buy auto parts suppliers from Carlyle Group LP and KPS Capital Partners LP, in deals that could collectively top $1.5 billion, people familiar with the matter said. Private equity firm American Securities is in advanced stages of negotiating the acquisition of U.S. auto parts supplier Metaldyne from Carlyle for over $800 million, the people said on ...

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