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Oprah-backed Oatly files for IPO

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Plant-based milk producer Oatly, which is backed by celebrities such as Oprah Winfrey and Jay-Z, filed the paperwork for its initial public offering.

The Sweden-based company entered the U.S. market in 2017.

Last year, it reportedly sold a $200 million stake to an investment group that included Winfrey and Jay-Z.

Read more from The Wall Street Journal.

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