Exclusive-Impossible Foods CEO says company will raise cash with or without IPO

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Explore stories from Atlantic Canada.

Third teenager charged with second-degree murder | SaltWire #newsupdate #news #halifax #policeNEW YORK - Impossible Foods, which makes meat alternatives from soy, is targeting a"liquidity event" that could include a public offering in the next two to three years, CEO Peter McGuinness told Reuters on Monday, as alternative meats fight to win back fickle consumers.

But consumers facing record levels of food inflation have since turned to cheaper options like canned meats. Shares of Beyond Meat have lost nearly all of their value since it went public in 2019.A 12-ounce package of Impossible ground beef costs $6.78 at Walmart, while a pound of ground beef is on sale for $5.37.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 45. in BUSÄ°NESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines