JDE Peet's IPO values coffee maker at up to $17.5 billion

AMSTERDAM (Reuters) - The world's No. 2 packaged coffee maker, JDE Peet's, set an indicative price range on Tuesday for its initial public offering that implies a market value of as much as 16 billion euros (14.30 billion pounds).JDE, owner of brands including Peet's Coffee, Douwe Egberts, and Jacobs, is one of few large companies willing to brave an IPO market that has been almost completely shut since the coronavirus outbreak spread globally in March.The company is counting on the resilience..