Mexico’s Jose Cuervo raises over $900m in IPO

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

The initial public offering for Mexico’s Jose Cuervo raised more than $900 million, the company said on Thursday, as the world’s biggest tequila maker launched the first IPO in the country since Donald Trump won the U.S. presidency in November.

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