JAB Holdings to test appetite for large IPOs
JAB Holdings, the holding company of the Reimann family in Germany, will the first major test of investor sentiment towards IPOs in Europe during the pandemic, having announced its intention to float JDE Peet, its coffee business, on Tuesday morning.
In March, when the pandemic first gripped the region, plans for new stock market listings were put on ice and replaced by emergency capital raising on behalf of companies stricken by the effects of Covid-19. But there has been some primary market activity, although it has been small....
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