Europe’s star candidate tests pandemic IPO demand

By Aidan Gregory, Sam Kerr
21 May 2020

The IPO of JDE Peet’s, the coffee business owned by JAB Holdings, is the first true test of investor appetite for European IPOs since the Covid-19 crisis began. There have been small listings already but nothing on this scale, yet the company is confident that it will succeed, write Sam Kerr and Aidan Gregory.

The IPO market had been shuttered since the start of the pandemic, but that changed last week with the listing of Pexip, the Norwegian video conferencing company, and then German database analytics firm Exasol in Frankfurt this week.  

However, both Pexip and Exasol were small deals, worth around ...

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