GFL Environmental Inc. (NYSE:GFL) is exploring the sale of a stake in its infrastructure subsidiary, Green Infrastructure Partners Inc., in a deal valued at around C$5 billion, attracting interest from prominent investment funds. Discussions with private equity firms like General Atlantic and Neuberger Berman are underway, making it a significant infrastructure deal in Canada.

The potential divestment of the C$5 billion infrastructure arm for GFL offers a chance to secure capital for further growth, aligning with the trend of private capital targeting stable infrastructure assets amidst market volatility. Discussions are ongoing, with more bidders expected to join as talks progress, focusing on long-term objectives.

GFL Environmental Inc. (NYSE:GFL) provides waste management and environmental solutions for various clients. While GFL shows investment potential, other AI stocks may offer greater upside with less risk. For an undervalued AI stock benefiting from Trump-era tariffs and onshoring trends, explore the best short-term AI stock in our free report.

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Read more at Yahoo Finance: GFL Environmental (GFL) Evaluates Divestment of C$5 Billion Infrastructure Arm