Saturday 10 April 2021

Impossible Foods in talks to go public, sources say

Impossible Foods in talks to go public, sources say

Impossible Foods is preparing for a public listing which could value the U.S. plant-based burger maker at around $10 billion or more, according to people familiar with the matter. This would be substantially more than the $4 billion the company was worth in a private funding round in 2020. It would highlight growing demand for plant-based meat products, driven by environmental and ethical concerns among consumers.
Read more: https://www.cnbc.com/2021/04/08/impossible-foods-in-talks-to-go-public-sources-say.html?source=Snapzu

No comments:

Post a Comment