Market Rumors: Kenan, Virtu Financial, TransUnion

By Linda Chiem ( February 19, 2015, 5:00 PM EST) -- Goldman Sachs Group Inc.'s private-equity arm and Centerbridge Partners LP are looking to unload their controlling stake in tank truck transport and logistics company Kenan Advantage Group Inc. either through a potential sale or initial public offering, the Wall Street Journal reported Wednesday. Goldman Sachs Capital Partners and Centerbridge Partners are said to be preparing to solicit bids for their majority stake in Ohio-based Kenan as soon as March, while simultaneously preparing it for an IPO, the WSJ said. They bought a controlling stake in Kenan from private equity firm Littlejohn & Co. in 2010. Kenan, which is one of the largest transporter of fuel, chemicals, industrial gases, and food-grade products in North America, could fetch up to $2 billion including debt in a sale, the WSJ said....

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