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

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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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