Mexico's Jose Cuervo tequila IPO eyes $700m, Temasek to pick 20%

Mexico's Jose Cuervo tequila IPO eyes $700m, Temasek to pick 20%

A bottle of Jose Cuervo Tequila rests on a shelf in Mexico City December 11, 2012. REUTERS/Edgard Garrido

Mexican tequila maker Jose Cuervo will seek to raise more than $700 million in an initial public offering, with Singapore’s Temasek Holdings Ltd taking 20 percent of the offer, an investor presentation showed on Wednesday.

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