May 20 (Reuters) – Shares of Oprah Winfrey-backed Oatly Group AB rose 30% in their market debut on Thursday, fetching the world’s largest oat milk company a valuation of about $13 billion as consumer demand for plant-based dairy picks up. (Reporting by Noor Zainab Hussain in Bengaluru; Editing by Vinay Dwivedi)
Oprah-backed Oatly valued at $13 bln in U.S. debut
2021-05-20T15:49:10-04:00May 20th, 2021|