UPDATE 1-JDE Peet's valued at $17.3 billion in espresso IPO
May 29, 2020 at 01:58 AM EDT
Coffee maker JDE Peet's said on Friday its shares were priced at 31.50 euros each in an initial public offering, valuing the firm at 15.6 billion euros ($17.3 billion), as it became one of the few big companies to go public during the coronavirus crisis.