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Stock impact report

CORRECTED-UPDATE 2-Coffee maker JDE Peet's looks to wake up sleepy IPO market [Reuters (UK)]

Mondelez International, Inc. - Class A (MDLZ) 
Last mondelez international, inc. - class a earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: mondelezinternational.com/investors
Company Research Source: Reuters
Coffee maker JDE Peet's looks to wake up sleepy IPO market - Reuters 4 Min Read AMSTERDAM/LONDON (Reuters) - Coffee maker JDE Peet’s BV is pressing ahead with plans to list on Euronext Amsterdam, saying on Tuesday that it aims to raise at least 700 million euros ($764 million) from the initial public offering. The world’s No. 2 packaged coffee maker - owner of brands including Peet’s Coffee, Douwe Egberts and Jacobs - stands out as one of only a few IPOs globally amid the coronavirus outbreak. Its decision to proceed follows a recent stock market rebound and evidence of steady underlying demand for coffee. “We see a reasonable amount of stability in the financial markets right now,” CEO Casey Keller told reporters. “We see the coffee and tea market as a relatively resilient category in different types of economic conditions and even during this current crisis.” Keller said the company’s out-of-home coffee business - which serves hotels and offices and makes up about 21% of total reven Show less Read more
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