Crane (CR) has closed on the divestiture of its Engineered Materials business to KPS Capital Partners. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders’ Hot Stocks on TipRanks >> Read More on CR: Deutsche sees big future for advanced aircraft, more challenging for F-35 Crane names Alex Alcala as new COO Crane to sell Engineered Materials business to KPS Capital for $227M Crane to sell Engineered Materials segment to KPS Capital for $227M Crane sees Q4 EPS $1.10-$1.25, consensus $1.25 Disclaimer & DisclosureReport an Issue