Oatly is set to debut on the Nasdaq on Thursday after pricing its initial public offering at $17 per share, the top of the expected range. The Swedish oat milk maker raised $1.4 billion, valuing the company at $10 billion. Last year, Oatly raised $200 million in a funding round led by private equity firm Blackstone, and included Oprah Winfrey, Natalie Portman, an entertainment firm founded by rapper Jay Z, and former Starbucks boss Howard Schultz. Oatly CEO Toni Petersson joined “Squawk Box” on Thursday to discuss.
Thu, May 20 20218:42 AM EDT