Jun 1st, 2021

Philippine Noodle Maker to Take on Beyond Meat, Impossible Food

Philippine noodle-maker Monde Nissin Corp. will use the bulk of its $1 billion initial public offering proceeds to expand its fake meat business in the U.S., facing competition from heavyweights like Beyond Meat and Impossible Foods in the world’s biggest market by far for plant-based alternative food. Chief Executive Officer Henry Soesanto spoke exclusively to Bloomberg's David Ingles on the eve of the Philippines biggest initial public offering on record. (Source: Bloomberg)