NEW YORK, July 17 (Reuters) - Pipeline company Kinder Morgan Inc, which was taken private in a $14.6 billion management buyout in 2007, is preparing for an initial public offering, according to a source familiar with the matter.
It was unclear whether Houston-based Kinder Morgan, backed by Carlyle Group and Goldman Sachs Group Inc's buyout fund, has already hired banks to handle the share sale.
A Bloomberg report on Friday said that Kinder Morgan has begun a search for banks to manage the IPO.
If Kinder Morgan does go public, it would be the latest in a string of companies controlled by private equity firms to do so.
On July 14, theater operator AMC Entertainment Inc filed with U.S. regulators to raise up to $450 million in an IPO. That filing came ahead of the pricing and debut of another movie-related new issue, 3D tech company RealD Inc, whose technology was featured in the movie 'Avatar.'
And in late May, U.S. toy retailer Toys R Us Inc filed to raise as much as $800 million in an IPO that could mark its return to the public markets five years after being taken private by Kohlberg Kravis Roberts & Co, Bain Capital and shopping center operator Vornado Realty Trust .
(Reporting by Megan Davies; writing by Nick Carey; editing by Vicki Allen) Keywords: KINDERMORGAN IPO/ (nick.carey@thomsonreuters.com; +1-312-408-8756) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
It was unclear whether Houston-based Kinder Morgan, backed by Carlyle Group and Goldman Sachs Group Inc's buyout fund, has already hired banks to handle the share sale.
A Bloomberg report on Friday said that Kinder Morgan has begun a search for banks to manage the IPO.
If Kinder Morgan does go public, it would be the latest in a string of companies controlled by private equity firms to do so.
On July 14, theater operator AMC Entertainment Inc filed with U.S. regulators to raise up to $450 million in an IPO. That filing came ahead of the pricing and debut of another movie-related new issue, 3D tech company RealD Inc, whose technology was featured in the movie 'Avatar.'
And in late May, U.S. toy retailer Toys R Us Inc filed to raise as much as $800 million in an IPO that could mark its return to the public markets five years after being taken private by Kohlberg Kravis Roberts & Co, Bain Capital and shopping center operator Vornado Realty Trust .
(Reporting by Megan Davies; writing by Nick Carey; editing by Vicki Allen) Keywords: KINDERMORGAN IPO/ (nick.carey@thomsonreuters.com; +1-312-408-8756) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.