Entrepreneur
Kurra Bewarse Username: Entrepreneur
Post Number: 3502 Registered: 05-2011
Rating: N/A Votes: 0 | Posted on Tuesday, May 11, 2021 - 1:56 pm: | |
Oatly Group AB OTLY, has set terms for its initial public offering, which could value the Sweden-based plant-based food company at more than $10 billion. The IPO is expected to price between $15 and $17 per American depositary share. The company is offering 64.7 million shares in the IPO to raise up to $1.10 billion, and selling shareholders are offering 19.7 million shares to raise up to $334.7 million. With 592.14 million ordinary shares expected to be outstanding after the IPO, the company could be valued at up to $10.07 billion. https://www.marketwatch.com/story/oatly-sets-ipo-terms-to-value-the-company-at-u p-to-101-billion-2021-05-11 Any thoughts on this company? |