29-05-2020 20:06 via uk.finance.yahoo.com

Coffee maker JDE Peet's IPO wrapped up in just 72 hours - sources

It took just three days to sell shares in JDE Peet'sas investors facing a dearth of opportunities because of the coronavirus-induced slow-down rushed to secure a dose of the world's No. 2 maker of packaged coffee.JDE Peet's , whose brands include Douwe Egberts, Peet's Coffee and Jacobs, is Europe's biggest initial public offering (IPO) this year.A total of 20 banks are expected to pocket an overall $59.8 million in fees, with global coordinators BNP Paribas, JPMorgan and Goldman Sachs earning ab
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