UPDATE 1-Investor JAB merges Peet's Coffee, Douwe Egberts ahead of listing
December 17, 2019 at 10:12 AM EST
The German investor that owns Peet's Coffee and Jacobs Douwe Egberts said on Tuesday it would merge the two into a single coffee and tea company which it would seek to list on the stock market in an initial public share offering (IPO) in 2020.
