-
Tesla, Oatly, Didi Global, PaySafe — How Blackstone Adjusted Its Portfolio In Q2
Friday, August 20, 2021 - 5:51am | 448Private equity giant Blackstone Inc (NYSE: BX) exercised some put options in Tesla Inc (NASDAQ: TSLA) and revealed fresh stakes in Didi Global Inc (NYSE: DIDI) and Oatly Group (NASDAQ: OTLY), besides significantly lowering exposure in PaySafe Ltd (NYSE: PSFE) in the second quarter, regulatory...
-
Starbucks Says 25% Of All Q3 Milk-Based Beverage Sales Came From Dairy Alternatives
Wednesday, July 28, 2021 - 2:28am | 414Coffee chain Starbucks Corp. (NASDAQ: SBUX) said that 25% of its milk-related beverage sales in the U.S. came from alternative dairy offerings in the quarter ending June 30. What Happened: Starbucks made the disclosure while announcing its third-quarter results on Tuesday. The company noted that...
-
Taco Bell Testing Own Faux Meat Ahead Of Introducing Beyond Meat Option
Thursday, April 22, 2021 - 3:07am | 482Yum! Brands Inc’s (NYSE: YUM) subsidiary Taco Bell is testing out an in-house plant-based meat alternative for its menu in the United States in a single location until the end of this month before taking it elsewhere, CNBC reported on Wednesday. What Happened: The Mexican-food-inspired chain...
-
Oatly, Vegan Milk Maker Backed By Oprah, Files For US IPO: What You Need To Know
Tuesday, April 20, 2021 - 3:13am | 564Blackstone Group Inc (NYSE: BX)- and Oprah Winfrey-backed Swedish vegan food and drinks maker Oatly Group AB on Monday filed for an initial public offering in the United States and said may consider adding a listing in Hong Kong over the next two years. What Happened: Oatly in a filing with the SEC...
-
Impossible Foods Prepares To Go Public At Around $10B Valuation: Report
Friday, April 9, 2021 - 4:33am | 394Plant-based food maker and Beyond Meat Inc (NASDAQ: BYND) rival Impossible Foods Inc is planning to go public in 2022, according to Reuters. What Happened: The maker of faux-meat is exploring options to go public via a special purpose acquisition company (SPAC) deal, or a merger with a...
-
Starbucks Is Seeing More Demand For Oat Milk Than It Can Meet
Wednesday, April 7, 2021 - 3:31am | 458Starbucks Corporation (NASDAQ: SBUX) is facing a shortage of oat milk at some of its cafes in the United States, CNN reported on Tuesday. What Happened: Oatly AB’s — the maker of vegan food and drink products — oat milk is in short supply just a month after Starbucks...