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Chobani CEO Hamdi Ulukaya Considers Going Public

by  Lillie Apostolos - In an industry that is constantly seeing quick movements and strategic approaches to business handlings, it appears that we could be seeing a change in Chobani in the future after the company’s Founder and CEO Hamdi Ulukaya sat down in discussion with Recode. The businessman shared that he isn’t against taking the yogurt company public, but has no interest in selling it off to a food conglomerate. “What happens is all these little brands, these good brands, as they grow, because of the financial structure, 99 percent of them become part of larger organizations,” he said while speaking at Code Commerce conference in New York City. “When they become part of a larger organization, it’s the end of their promise.”

Turkish Burger King Operator TFI Files for IPO in New York

Burger King’s biggest franchisee outside the U.S., TFI TAB Gida Yatirimlari AS, filed for an initial public offering in New York. The Turkish company hasn’t yet decided how many American depositary shares it will offer or the price range it will use to market the stock, according to a statement Monday. TFI is planning to go public as early as next year, people familiar with the matter said in September.

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