Coffee looks hot as JDE Peet's aims to raise $2.5 billion in IPO

AMSTERDAM (Reuters) - JDE Peet's initial public offering drew strong investor interest as books opened on Tuesday, in an early indication of robust demand for an issue that aims to raise 2.3 billion euros and revive a moribund IPO market.Books were covered in excess of the full offer size within hours of opening, a bookrunner said, at an indicative price range of 30-32.25 euros per share, valuing the world's No. 2 packaged coffee maker at up to 16 billion euros. JDE, owner of brands including..