Greek yogurt maker Chobani reveals sales jump in IPO filing
Greek yogurt maker Chobani on Wednesday disclosed paperwork for its U.S. initial public offering $Renaissance Cap Greenwich Funds Ipo Etf(IPO.US$ (IPO), revealing a nearly 14% jump in nine-month net sales.
The New York-based firm did not reveal the terms of its offering, but Reuters had reported in July that an IPO could value the company at above $10 billion.
I'm sure it will be worth more than the entire General Mills company that owns Yoplait. The bubble has no end in sight.
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