Oatly China Sale

On Tuesday, Bloomberg reported that Oatly Group (NASDAQ:OTLY) executives overseeing its Chinese operations are weighing a buyout of the Greater China business. The company began a strategic review of that segment last year and expects to complete the review this year, with potential buyers working toward a deal by the end of the calendar year. The decision could unlock value for shareholders after Oatly’s shares fell more than 35 % in the past 12 months, while the firm’s valuation stands at $257 million.