GFL Environmental (GFL) is considering selling a stake in its infrastructure arm, Green Infrastructure Partners, Bloomberg reported Monday, citing people with knowledge of the matter.
The waste management company is seeking a valuation of up to 5 billion Canadian dollars ($3.7 billion) including debt for its affiliate, the report said, citing the people. General Atlantic, Energy Capital Partners and Neuberger Berman have all expressed interest in the stake sale, according to the people.
GFL did not immediately reply to a request for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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