Swedish alt-milk brand Oatly seeks $10bn US stock market listing

  • Swedish alt-milk brand Oatly seeks $10bn US stock market listing

     Anonymous updated 6 days, 21 hours ago 1 Member · 1 Post
  • Anonymous

    Member
    February 23, 2021 at 3:20 PM

    Sales have soared for the Malmö-based firm as more people embrace a vegan or vegetarian diet

    Fashionable Swedish alt-milk brand Oatly is seeking a US stock market listing that could value the business at as much as $10bn (£7.1bn).

    Malmö-based Oatly is riding high as global demand for plant-based milk alternatives soars. The flotation follows last summer’s sale of a minority stake to a starry group of investors that included US private equity firm Blackstone, Oprah Winfrey and Jay-Z. That deal valued the company at $2bn.

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