JDE Peet’s to close books on €2.6bn IPO after just three days

By Sam Kerr
28 May 2020

JDE Peet’s, the European coffee conglomerate listing in Amsterdam, is shutting IPO books after just three days of book building — an extraordinarily quick execution period for what is likely to be Europe’s largest IPO this year.

At base size, the the company will sell 71.4m shares at €31.50 each in the deal, raising €2.25bn. Using the deal's greenshoe would take the deal to €2.6bn. The company will be valued at around €15.6bn.

The company is raising €700m of primary capital through a sale of new ...

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