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JDE Peet’s is expected to announce an initial public offer of €700 million ($765.8 million USD) on Euronext Amsterdam in the coming weeks
Joanna Fantozzi
Following the December 2019 announcement that JAB Holding was combining Dutch beverage group Jacobs Douwe Egberts and Peet’s Coffee & Tea into one coffee portfolio, JDE Peet’s is expected to announce an initial public offering of €700 million ($765.8 million USD) with a secondary component on Euronext Amsterdam in the coming weeks. The IPO was initially rumored at the start of 2019, when analysts predicted that the JAB Holding coffee and beverage division would go public within the next couple of years.
“We believe JDE Peet’s is well-positioned for growth and we look forward to attracting new shareholders who can participate in our exciting future,” Peet’s Coffee CEO Casey Keller said in a statement. “Thanks to the hard wor...
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