Sun Life Nears Deal to Buy Mark Attanasio’s Crescent Capital

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Sun Life Financial Inc. is in advanced talks to acquire Crescent Capital Group, the $28 billion credit manager co-founded by Milwaukee Brewers co-owner Mark Attanasio, according to people with knowledge of the matter.

A transaction could be announced as soon as this month, said the people, who asked not to be identified because the talks are private. It’s possible, as with any deal that hasn’t been finalized, that talks could fall apart.