JDE Peet’s prices €2.6bn IPO after three-day roadshow

By Sam Kerr
28 May 2020

JDE Peet’s, the coffee business owned by JAB Holdings, closed the books on its IPO after an accelerated roadshow that lasted only three days. The transaction still attracted huge demand from investors eager to buy into the only sizeable IPO in the market.

The roadshow was extraordinarily quick for what is likely to be Europe’s largest IPO this year.

At base size, 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 ...

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