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A year after going public, BankUnited may be for sale

South Florida's BankUnited, a Florida institution that failed in 2009 and was revived by a group of private-equity firms, has hired Goldman Sachs to consider a sale just one year after the new owners took BankUnited public. Company CEO John Kanas would be due $68.8 million in the event of a change in control at the bank. BankUnited's owners include private-equity firms Carlyle Group LP, Blackstone Group LP and Centerbridge Partners LP, financier Wilbur Ross and several smaller investors. BankUnited entered the Tampa Bay market and now operates four branches in the area. News of the possible BankUnited sale was reported by Bloomberg News.

A year after going public, BankUnited may be for sale 01/13/12 [Last modified: Friday, January 13, 2012 5:02pm]

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