Can Oatly milk it? Oatmilk brand gears up for US stock market

Swedish company has begun work on US flotation as plant-based foods enter mainstream

Here comes the post milk generation" is the slogan emblazoned on the side of the electric trucks of the alt-milk brand Oatly. We will soon find out if that's true as the Swedish oatmilk juggernaut heads towards a mega US stock exchange listing.

The Swedish company said this week it had begun work on a flotation in New York which some analysts think could value the fast-growing business at as much as $10bn (7.1bn).