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Upstate NY yogurt giant Chobani eyes IPO, could mean windfall for employees


Upstate NY yogurt giant Chobani eyes IPO, could mean windfall for employees
Updated Feb 08, 2021;
Posted Feb 08, 2021
A Chobani employee stacks boxes of Greek yogurt at the company s plant in South Edmeston, Chenango County.Chobani, LLC
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Chobani, the private Chenango County-based company that is the national leader in Greek yogurt, is considering taking its shares public as it moves into making more plant-based food products.
And that could mean a huge financial windfall for Chobani employees, who have been promised a share of the company if or when it is sold or becomes public.
Chobani’s potential initial public offering could yield $7 billion to $10 billion for the company, the Wall Street Journal reported Friday. The proposed IPO is not certain, but the company appears to be “laying the groundwork” for it, the Journal reported. ....

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