Coffee company JDE Peet's set indicative price of 30-32.25 euros per share for its initial public offering (IPO), implying a market value of 14.9-16.0 billion euros ($16.3-17.5 billion).

Shares in $19 billion JDE Peet’s dived after it disappointed with its 2021 outlook on Tuesday, and have now dipped belo Breakingviews - JDE Peet’s spilt milk has lessons for IPO hopefuls ...