Replace (January 5, 2021): Vegan milk model Oatly is planning a 2021 preliminary public providing that would elevate $1 billion, sources acquainted stated. The corporate, which is backed by Blackstone, Oprah Winfrey and Natalie Portman, has employed Morgan Stanley, JPMorgan Chase and Credit score Suisse to handle the providing, sources stated. Oatly’s valuation will depend upon the standing of the economic system within the face of the unsure Covid pandemic, the sources stated.
» Subscribe to CNBC Make It.: http://cnb.cx/2kxl2rf
About CNBC Make It.: CNBC Make It. is a brand new part of CNBC devoted to creating you smarter about managing your corporation, profession, and cash.
Join with CNBC Make It. On-line
Get the most recent updates: https://www.cnbc.com/make-it
Discover CNBC Make It. on Fb: https://cnb.cx/LikeCNBCMakeIt
Discover CNBC Make It. on Twitter: https://cnb.cx/FollowCNBCMakeIt
Discover CNBC Make It. on Instagram: https://bit.ly/InstagramCNBCMakeIt
#CNBC
#CNBCMakeIt
How Oatly Constructed A $100 Million Oat Milk Empire