Indicative IPO price values JDE Peet's at up to 16 billion euros
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AMSTERDAM (Reuters) - Coffee company JDE Peet's on Tuesday set an indicative price range of 30-32.25 euros per share for its initial public offering (IPO), implying a market value of 14.9-16.0 billion euros (13.32-14.30 billion pounds).The world's No. 2 packaged coffee maker plans to raise about 700 million euros to pay down debt, selling 23.3 million new shares. JDE, owner of brands including Peet's Coffee, Douwe Egberts, and Jacobs, announced its intention to float last week.Existing..