Retail

Chobani is eyeing an IPO later this year

0


Chobani brand greek yogurt is displayed inside an Albertsons Vons grocery store in San Diego, California

Bing Guan | Bloomberg | Getty Images

Chobani is considering going public later this year through an initial public offering.

The Wall Street Journal reported first reported the news. According to the newspaper, the food company is seeking a valuation of $7 billion to $10 billion.

Founded in 2005, Chobani is best known for its line of Greek yogurts, but in the last two years, it’s been branching out into different categories as sales growth of its signature product has slowed. It’s released oat milks, coffee creamers, probiotics drinks and even ready-to-drink coffee.

“As we create the food…



Source cnbc.com

Uber’s growing, ‘exciting’ delivery business, possible rides recovery have analysts bullish

Previous article

Goldman Sachs’ Jeff Currie prefers silver over gold due to use in solar panels

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Retail