Oatly U$10 Billion IPO Expected Tomorrow

Image Credit: Oatly

Oatly is expected to be valued at about $10 billion at its initial public offering (IPO) on the US stock market by the end of this week. It has been on the works for the last year and is expected to start trading tomorrow when the stock exchange opens.

The announcement will mark the first chance for investors to buy shares in the Swedish dairy company. Also, they will be able to deal with shares once the market goes live. 

Oatly is offering almost 65 million shares, according to Bloomberg.

Bloomberg predicted by February the Oatly IPO valuation.

Oatly is recognized worldwide for its cheeky, blunt, and sarcastic advertising.

High-profile investors in Oatly include talk show host Oprah Winfrey and actress Natalie Portman, however, we must remember that the brand received some criticism after selling a stake of U$ 400 million to a group of investors led by the private equity consortium, Blackstone.

As a result, it prompted boycott calls, because Blackstone is linked to alleged involvement in Amazon deforestation, and its founder has donated to the Donald Trump campaign in the past.

Share with friends:

Leave a Reply

Your email address will not be published. Required fields are marked *

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

“Clueless” Star Alicia Silverstone’s Launches New Vegan Gummies Vitamins
Vegan Baked Beans
Karl Lagerfeld Just Launched A Vegan Cactus Leather Bag
2021 World’s Strongest Man Competition Going Vegan
Alternatives to Animal Leather: 9 Styles on the Way
YOU MIGHT ALSO LIKE
Does Consuming Meat Contribute to Greater Muscle Growth Than Eating Plant-Based Foods?
According to the findings of a recent study that appeared in the Journal of Nutrition, vegan...
King Charles Is Looking For A Vegan Chef
Buckingham Palace is searching for a qualified individual to fill the position of Premier Sous...
Vegan Lemon Drizzle Pound Cake
This vegan cake is so incredibly delicious and vibrant and zesty that it will spoil you for...
Garden Fried Rice
When paired with fresh avocado and crispy baked tofu, this simple, vegetable-rich dish makes...
What Exactly Are Vegan Probiotics? How about gut health, and do supplements help?
Maintaining a healthy digestive system is essential to being healthy overall. Here’s...
Tofu and Vegetable Stir-Fry
Ingredients: 1 block firm tofu, drained and cubed 1 cup broccoli florets 1 cup sliced bell...