Oatly (OTLY) IPO Adds to Gains, Shares Gain 12%

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Jay-Z, Starbuck's founder Schultz said to buy Oatly (OTLY) IPO shares - Bloomberg

May 20, 2021 1:23 PM EDT

Jay-Z, Starbuck's founder Schultz said to buy Oatly (NASDAQ: OTLY) IPO shares - Bloomberg

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Oatly (OTLY) IPO Opens Up 30%

May 20, 2021 11:45 AM EDT

Today's IPO for oakmilk maker Oatly Group AB (NASDAQ: OTLY) opened for trading at $22.12 after pricing 84,376,000 American Depositary Shares (ADSs), each representing one ordinary share, at $17 per share, the top end of the expected $15-$17 range.

The IPO prices suggests a valuation about $10 billion for the entire company. Last year, the company sold a 10% stake to a group of celebrities, including Oprah Winfrey and Natalie Portman, and private equity fund Blackstone for $200 million... More

Oatly, Backed by Oprah Winfrey and Natalie Portman, Raises $1.43 Billion From IPO, Prices Shares at $17 Each to Hit a $10 Billion Valuation

May 20, 2021 6:35 AM EDT

Swedish oat-milk producer Oatly has raised $1.43 billion from its initial public offering (IPO) and announced the pricing of its shares at $17 each, which is at the high-end of the indicative range.

This pricing gives the company a valuation of about $10 billion. Previously, the company announced it was looking to raise... More

Oatly Group AB (OTLY) Prices 84.376M ADS IPO at $17/ADS

May 20, 2021 6:10 AM EDT

Oatly Group AB (NASDAQ: OTLY) announced today the pricing of its initial public offering of 84,376,000 American Depositary Shares (ADSs), each representing one ordinary share, 64,688,000 of which are being offered by Oatly and 19,688,000 of which are being offered by certain selling shareholders, at a public offering price... More