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Chobani IPO could rattle yogurt sector

May 14, 2014 10:29 AM ETGeneral Mills, Inc. (GIS) StockPEP, GIS, DANOYBy: Clark Schultz, SA News Editor1 Comment
  • move last month by Chobani to relocate to Delaware looks like an indication the company may file an IPO in the U.S.
  • A public launch by Chobani could help it create new growth channels, including yogurt-inspired stores.
  • It also would give it a little more muscle to take on advertising heavyweights such as General Mills (NYSE:GIS), Danone (OTCQX:DANOY), and Muller-PepsiCo (NYSE:PEP) in the yogurt space.

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