Oatly Weighing $10 Billion Value in U.S. IPO
- Sweden-based vegan brand may seek listing as soon as May
- Oatly had earlier also considered selling stock in Hong Kong
Oatly ice cream
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Oatly AB, the maker of vegan food and drink products, is considering seeking a value of around $10 billion in a U.S. listing, according to people familiar with the matter.
Malmo, Sweden-based Oatly is working with advisers on an initial public offering that could come as soon as May, the people said, asking not to be identified discussing confidential information. Deliberations are ongoing and details on size and timing of the listing could still change, the people said.