Cuervo suspends IPO until after election

Perhaps the thought of the US government building a wall between the US and Mexico was a deterrent, or it just isn’t ready to go public, but Jose Cuervo, the biggest tequila producer in the world, has suspended its initial public offering until after the US election in November.
The news, announced by Reuters on Wednesday, said that three unnamed people familiar with the issue, said concerns about market volatility around the election meant that Cuervo decided to postpone the IPO.
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