The Goldman Sachs Group Inc. and Bain Capital Partners LLC agreed on June 11 to pay $121 million to settle a long-running antitrust lawsuit alleging that they and other private-equity players conspired to deflate the price of corporate takeovers in the years running up to the financial crisis.

Goldman Sachs agreed to pay $67 million to settle claims against the bank’s private-equity arm, while Bain Capital will pay $54 million. The proposed settlement is subject to approval by U.S. District Judge William Young.