Coffee

Coffee Maker JDE Peet's Valued At $17.3bn In Virtual IPO

Shares in coffee maker JDE Peet's surged almost 13% in their stock market debut today (29 May) as investors jumped on one of the few big IPOs launched duri...

JDE Peet's Brings Forward Hot Coffee IPO Due To Strong Demand

Strong investor interest has prompted JDE Peet's, the world's No. 2 maker of packaged coffee, to bring forward to Friday its already speedy initial public...

Heavy Rains May Mar Quality Of Ugandan Coffee Crop: Official

The quality of Uganda's coffee crop may decline in the coming months as heavy rains across the east African nation have reduced the amount of sun...

Indicative IPO Price Values JDE Peet's At Up To €16 Billion

Coffee company JDE Peet's has set an indicative price range of €30 to €32.25 per share for its initial public offering, implying a market value o...

Brazil Coffee Harvest Lags As Pandemic Impacts Fieldwork: Report

Brazilian coffee growers picked 13% of expected 2020 production by 19 May, a slower pace than in the previous year and below the historical average for thi...

Massimo Zanetti Sees 1.0% Decline In Consolidated Revenue In Q1

Roasted coffee producer and distributor Massimo Zanetti Beverage Group (MZBG) has reported a 1.0% year-on-year decline in consolidated revenue on...

Coffee Company JDE Peet's To Launch Up To €2bn IPO This Week: Sources

Coffee company JDE Peet's will announce its intention to float on the Euronext stock exchange in Amsterdam in a deal that could raise up to €2 billion...

Arabica Coffee Growers See Harvest Delays, Possible Losses Due To Coronavirus

South American coffee growers may delay harvest this year and limit the number of workers they employ as the coronavirus pandemic continues to spread, thre...