Tuesday 20 April 2021

The Wall Street Journal: Oatly, backed by Oprah and Blackstone, files for IPO

Oatly Group AB has formally filed paperwork Monday for an initial public offering in the U.S., nine months after private-equity giant Blackstone Group Inc. and a handful high-profile celebrities took a stake in the oat milk producer.

The Malmö, Sweden-based company entered the U.S. market in 2017 with its alternative dairy products that have grown in popularity among consumers seeking healthier options with less impact on the environment.

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April 20, 2021 at 01:10PM
Kimberly Chin
http://www.marketwatch.com/news/story.asp?guid=%7B21005575-02D4-D4B5-4572-D3A1A194E1A1%7D&siteid=rss&rss=1

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