Oatly of Sweden Valued at $2 Billion After Blackstone Investment

Toni PeterssonPhotographer: Carsten Snejbjerg/Bloomberg
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Swedish oat-milk maker Oatly AB secured $200 million in new capital from an investment group led by Blackstone and a group of celebrities.

Oprah Winfrey, Jay-Z and Natalie Portman, as well as former Starbucks CEO Howard Schultz and Rabobank Group’s investment arm joined Blackstone, the firm said on Tuesday.