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Greek yoghurt maker Chobani is applying to withdraw from the US IPO

Greek yogurt maker Chobani is displayed for sale at a grocery store in San Diego, California. REUTERS/Mike Blake

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September 2 (Reuters) – Greek yogurt maker Chobani filed on Friday to withdraw its plans for an IPO in the United States.

The company did not give any details about the IPO withdrawal.

Several companies have shelved plans for their US listings this year as markets continue to sell off amid recession concerns.

Reuters reported in March that Peter McGuinness, the former chief operating officer of Chobani, will replace Pat Brown as top chef at plant-based meat maker Impossible Foods. Continue reading

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Reporting by Manya Saini in Bengaluru; Edited by Shounak Dasgupta

Our standards: The Thomson Reuters Trust Principles.

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