Oat milk maker Oatly to raise $1.4 billion in public debut
DEE-ANN DURBIN, AP Business Writer
May 20, 2021
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1of5Oatly containers are displayed at a grocery store, Tuesday, May 18, 2021, in North Miami, Fla. Oatly, the world’s largest oat milk company, will raise $1.4 billion in an initial public offering Thursday, May 20 on the Nasdaq stock exchange.Marta Lavandier/APShow MoreShow Less
2of5A carton of Oatly oat milk sits in a home refrigerator Tuesday, May 18, 2021, in Bellingham, Wash. Oatly, the world’s largest oat milk company, will raise $1.4 billion in an initial public offering Thursday, May 20 on the Nasdaq stock exchange.Elaine Thompson/APShow MoreShow Less
Oatly, the world’s largest oat milk company, will raise $1.4 billion in an initial public offering. Among early investors: Oprah Winfrey, Natalie Portman and former Starbucks CEO Howard Schultz.
Oat milk maker Oatly to raise $1.4 billion in public debut
By DEE-ANN DURBIN Associated Press May 20, 2021 8:00am Text size Copy shortlink:
Oatly, the world s largest oat milk company, will raise $1.4 billion in an initial public offering Thursday on the Nasdaq stock exchange, capitalizing on a global surge in demand for its products.
Oatly priced its shares at $17 apiece ahead of the IPO, giving the company a valuation of nearly $10 billion. It will trade under the ticker symbol OTLY.
It s the latest milestone in the rapid rise of oat milk, which is winning consumers and famous investors like Oprah Winfrey with the message that it s healthier and more environmentally sustainable than cow
Oatly, the world s largest oat milk company, will raise US$1.4 billion in an initial public offering Thursday on the Nasdaq stock exchange, capitalizing on a global surge in demand for its products.
Warm welcome for oat milk maker Oatly in Wall Street debut
DEE-ANN DURBIN, AP Business Writer
May 20, 2021
FacebookTwitterEmail 5
1of5Oatly containers are displayed at a grocery store, Tuesday, May 18, 2021, in North Miami, Fla. Oatly, the world’s largest oat milk company, will raise $1.4 billion in an initial public offering Thursday, May 20 on the Nasdaq stock exchange.Marta Lavandier/APShow MoreShow Less
2of5A carton of Oatly oat milk sits in a home refrigerator Tuesday, May 18, 2021, in Bellingham, Wash. Oatly, the world’s largest oat milk company, will raise $1.4 billion in an initial public offering Thursday, May 20 on the Nasdaq stock exchange.Elaine Thompson/APShow MoreShow Less