Business
Exclusive: Impossible Foods in talks to list on the stock market: sources – Yahoo Finance
Impossible Foods Inc 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…
By Anirban Sen and Joshua Franklin
(Reuters) – Impossible Foods Inc 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.
Impossible Foods is exploring going…
