KKR, Cinven Said to Submit Bids for Arle’s Capital Safety

KKR & Co. and Cinven Ltd. are planning to submit final bids today for Capital Safety Ltd., the U.K.-based safety harness maker owned by Arle Capital Partners LLP, people familiar with the process said.

The offers may value the company at about 700 million pounds ($1.1 billion), said the people, who declined to be identified because the process is private. EQT Partners AB has also held talks with the British buyout firm Arle over Capital Safety, one person said.