Coffee maker JDE Peet's valued at $17.3 billion in virtual IPO, shares surge

AMSTERDAM (Reuters) - Shares in coffee maker JDE Peet's surged almost 13% in their stock market debut on Friday as investors jumped on one of the few big IPOs launched during the coronavirus crisis.Shares in the world's No. 2 maker of packaged coffee, whose brands include Douwe Egberts, Peet's Coffee and Jacobs, were priced at 31.50 euros, valuing the firm at 15.6 billion euros ($17.3 billion). They were trading at 35.55 euros by 0755 GMT.JDE Peet's raised 700 million euros (629.68 million..