Waste Management Considers $3B Sale Of Renewable Natural Gas Unit
Portfolio Pulse from Benzinga Newsdesk
Waste Management is considering a $3 billion sale of its renewable natural gas unit, according to Reuters.
May 16, 2024 | 6:31 pm
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POSITIVE IMPACT
Waste Management is considering selling its renewable natural gas unit for $3 billion. This move could potentially streamline its operations and provide significant capital for other investments.
The potential sale of the renewable natural gas unit could positively impact Waste Management by providing a substantial influx of capital. This could be used for other strategic investments or to improve financial health, which is likely to be viewed favorably by investors.
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