Deals
Jose Cuervo Said to Plan Mexico IPO for as Early as Feb. 8
- Tequila maker said to start formally marketing deal this week
- A representative for Jose Cuervo didn’t immediately comment
A view of the cellar tht contains hundreds of Tequila barrels inside the distillery plant at the Tequila Cuervo La Rojeña, S.A. de C.V in Tequila town in Guadalajada, Mexico on Thrusday, Nov.22 2012. Susana González /Bloomberg
Photographer: Susana Gonzalez/BloombergThis article is for subscribers only.
Jose Cuervo, the world’s largest tequila maker, is pushing forward with plans for an initial public offering after delaying the share sale last year, according to a person with knowledge of the matter.
The company plans to start formally marketing the deal to investors with a multi-city roadshow this week and the offering may price as early as February 8, said the person, who asked not to be identified without authorization to speak publicly.