With the likes of Leonardo DiCaprio and Bill Gates on board, vegan food company is set to make a Wall Street splash

Beyond Meat, the maker of vegan chicken and beef substitutes backed by some of the biggest names in food and technology, is seeking to raise as much as $US184 million in its initial public offering.The company plans to sell 8.75 million shares for $US19 to $US21 each, according to a filing Monday with the US Securities and Exchange Commission. A listing at the top of that range would give the company a market value of about $US1.

Tyson Foods, the largest US meat producer, is accelerating development of its own alternative-protein products and is also a backer of Beyond Meat. Tyson has invested in Jerusalem-based Future Meat Technologies and, along with Gates, Richard Branson and Cargill, is an investor in Memphis Meats, a cultured meat producer.Four-fifths of respondents in a Cargill survey said they were interested in plant-based or alternative sources of protein.

🤮

If it tastes like meat, not for me thanks. Never did like the way it tastes.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

With the likes of Leonardo DiCaprio and Bill Gates on board, vegan food company is set to make a Wall Street splashBacked by some big names, including the former chief of McDonald's - Beyond Meat could be worth as much as $2 billion when it starts selling shares. winner winner Will it be a food company that addresses global food insecurity and malnutrition? Otherwise they're blowing smoke up our arseholes.
Herkunft: smh - 🏆 6. / 80 Weiterlesen »

'It knows everything': Chinese companies reportedly using GPS smartwatches to monitor street cleanersStreet cleaners in parts of China are reportedly being forced to wear GPS-tracking smartwatches so employers can monitor how hard they work. Wow! So soon it will come to Australia. ~ I Am Constantly Tracked By My Smart Phone ~ ~ Google Monitors My Drivng ~ The Places I Visit ~ ~ Unlike This Report ~ I Still Have A Choice ~ They will be replaced by robots in a few years anyway.
Herkunft: abcnews - 🏆 5. / 83 Weiterlesen »

DuluxGroup set to be taken over for $3.8b by Japanese companyAustralian paint maker DuluxGroup is on track to be taken over for $3.8 billion by Nippon Paint Holdings. Another Australian Icon Sold!
Herkunft: abcnews - 🏆 5. / 83 Weiterlesen »