Swedish oat milk maker Oatly raises $1.4B in public debut
Oat milk maker Oatly raised $1.4billion in an initial public offering Thursday Shares opened at $17 apiece before quickly jumping 24 percent to $21 Oatly was founded by Swedish brothers Rickard and Bjorn Oeste in 1994 In recent years it's experienced a meteoric rise with the message that it's healthier and more environmentally sustainable than cow's milk Last July, Oatly sold a 10 percent stake in the company for $200million to a group of investors led by Blackstone Group Among those investors are Oprah Winfrey, Natalie Portman, former Starbucks CEO Howard Schultz and Roc Nation, Jay-Z'...